Podcast
Questions and Answers
George B. Dantzig developed the ______ method for linear programming in 1947.
George B. Dantzig developed the ______ method for linear programming in 1947.
simplex
Post-World War II success stories from bold companies led to increased interest in MS/OR in the ______ world.
Post-World War II success stories from bold companies led to increased interest in MS/OR in the ______ world.
civilian
In the early 1950s in the United States, groups of people interested in MS/OR organized the Operations Research Society of America (ORSA) which published the journal 'Operations Research' since ______.
In the early 1950s in the United States, groups of people interested in MS/OR organized the Operations Research Society of America (ORSA) which published the journal 'Operations Research' since ______.
1952
The Institute of Management Sciences (TIMS) published the journal 'Management Science' since ______.
The Institute of Management Sciences (TIMS) published the journal 'Management Science' since ______.
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In the early 1970s, the Operations Research Society of America (ORSA) and The Institute of Management Sciences (TIMS) cooperated to produce ______.
In the early 1970s, the Operations Research Society of America (ORSA) and The Institute of Management Sciences (TIMS) cooperated to produce ______.
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MS/OR activities have grown rapidly in business, government units, and private institutions since ______.
MS/OR activities have grown rapidly in business, government units, and private institutions since ______.
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Most organizations today rely on ______ to provide the enormous data needed for managerial decision making
Most organizations today rely on ______ to provide the enormous data needed for managerial decision making
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The benefits/cost ratio overwhelmingly favors using a ______ over manual methods
The benefits/cost ratio overwhelmingly favors using a ______ over manual methods
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A Decision Support System (DSS) is a computer-based information system designed to support ______ processes within an organization
A Decision Support System (DSS) is a computer-based information system designed to support ______ processes within an organization
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DSS integrates mathematical and analytical models from Management Science (MS) and Operations Research (OR) with ______ tools
DSS integrates mathematical and analytical models from Management Science (MS) and Operations Research (OR) with ______ tools
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DSS utilizes flexible databases for versatile ______ storage
DSS utilizes flexible databases for versatile ______ storage
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DSS assists in addressing unstructured problems not fully solvable by individual models or information systems ______
DSS assists in addressing unstructured problems not fully solvable by individual models or information systems ______
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The British Operational Research organization existed by 1939, contributing to various wartime improvements. 'Blackett's Circus,' led by P.M.S. Blackett, showcased the effectiveness of mixedteam approaches in solving practical problems. This is an example of the early success of ______ in operations research.
The British Operational Research organization existed by 1939, contributing to various wartime improvements. 'Blackett's Circus,' led by P.M.S. Blackett, showcased the effectiveness of mixedteam approaches in solving practical problems. This is an example of the early success of ______ in operations research.
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James B. Conant and Vannevar Bush played key roles in developing MS/OR in the U.S. during World War II. Operations analysis teams, recommended by General Arnold, were established within the Air Force commands. This marked the early utilization of MS/OR in ______ planning.
James B. Conant and Vannevar Bush played key roles in developing MS/OR in the U.S. during World War II. Operations analysis teams, recommended by General Arnold, were established within the Air Force commands. This marked the early utilization of MS/OR in ______ planning.
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Post-war, MS/OR functions continued in the Army, Navy, and Air Force. The Air Force established Project RAND for long-range studies of aerial warfare. This post-World War II military continuation of MS/OR focused on improving ______ strategies.
Post-war, MS/OR functions continued in the Army, Navy, and Air Force. The Air Force established Project RAND for long-range studies of aerial warfare. This post-World War II military continuation of MS/OR focused on improving ______ strategies.
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In the post-World War II era, there was increased interest in MS/OR in the civilian world. This was driven by the success stories of bold companies that showcased the substantial benefits of applying MS/OR in ______ operations.
In the post-World War II era, there was increased interest in MS/OR in the civilian world. This was driven by the success stories of bold companies that showcased the substantial benefits of applying MS/OR in ______ operations.
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George B. Dantzig developed the ______ method for linear programming in 1947, revolutionizing the field of optimization.
George B. Dantzig developed the ______ method for linear programming in 1947, revolutionizing the field of optimization.
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Horace C. Levinson, an astronomer, pioneered business MS/OR in the United States during 1920-1930. He applied scientific methods to study business problems like the relationship between advertising and sales. This early management science work focused on applying scientific approaches to improve ______ decisions.
Horace C. Levinson, an astronomer, pioneered business MS/OR in the United States during 1920-1930. He applied scientific methods to study business problems like the relationship between advertising and sales. This early management science work focused on applying scientific approaches to improve ______ decisions.
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Study Notes
Development of Operations Research
- Operations Research Society of America (ORSA) was formed in the early 1950s in the United States.
- George B. Dantzig developed the simplex method for linear programming in 1947.
Early Success Stories
- The British Operational Research organization existed by 1939, contributing to various wartime improvements.
- 'Blackett's Circus' showcased the effectiveness of mixed-team approaches in solving practical problems.
MS/OR in the Military
- Operations analysis teams were established within the Air Force commands during World War II.
- Project RAND was established for long-range studies of aerial warfare.
- Post-war, MS/OR functions continued in the Army, Navy, and Air Force.
MS/OR in the Civilian World
- There was increased interest in MS/OR in the civilian world post-World War II.
- Success stories of bold companies showcased the benefits of applying MS/OR in business operations.
Pioneers in MS/OR
- Horace C. Levinson pioneered business MS/OR in the United States during 1920-1930.
- He applied scientific methods to study business problems like the relationship between advertising and sales.
- James B. Conant and Vannevar Bush played key roles in developing MS/OR in the U.S. during World War II.
Decision Support Systems (DSS)
- DSS is a computer-based information system designed to support decision-making processes within an organization.
- DSS integrates mathematical and analytical models from Management Science (MS) and Operations Research (OR) with data tools.
- DSS utilizes flexible databases for versatile data storage.
- DSS assists in addressing unstructured problems not fully solvable by individual models or information systems.
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Description
Explore the success stories of bold companies post-World War II that led to increased interest in Management Science/Operations Research in the civilian world. Discover how real communication breakthroughs occurred as managers learned to utilize MS/OR effectively, including the development of the simplex method for linear programming by George B. Dantzig in 1947.
