Operations Research Quiz

Some techniques employed in operations research include modeling, statistics, optimization, simulation, mathematical optimization, queueing theory, and other stochastic-process models.

Operations research originated in military efforts before World War II.

Operations research has overlapped with many other disciplines, notably industrial engineering.

<p>The focus of operations research is the development and application of analytical methods to improve decision-making.</p> Signup and view all the answers

<p>The goal of operations research in real-world applications is often concerned with determining the extreme values of some real-world objective: the maximum (of profit, performance, or yield) or minimum (of loss, risk, or cost).</p> Signup and view all the answers