Characteristics of Operation Research - Management Assignment Help

According to Operation Research Society, America, “Operation research is concerned with scientifically deciding how to best deign and operate man machine systems usually requiring the allocation of scare resources.

According to T. L. Saaty “ OR is the art of giving bad answers to problems to which other worse answers are given”.

According to PM Mores and GE D Kimball, “ Operation Research is a scientific method of providing executive departments with a quantitative basis for decision under their control,

According to H M Wagner “ Operation Research is a scientific approach to problems solving for executive management.”

Characteristics of Operation Research

Some significant features of operations Research are highlighted below:

1. Decision Making: Primarily Operations Research is addressed to managerial decision making or problem solving. A major premise of OR is that decision making irrespective of the situation involve can be considered as a general systematic process.

2. Scientific Approach : Operations Research employs scientific methods for the purpose of solving problems it is a formalized process of reasoning.

3. Objective : Operation Research attempts to locate the best or optimal solution to the problem under consideration. For this purpose it is essential that a measure of effectiveness is defined which is based on the goals of the organization. This measure is then used as the basic to compare the alternative course of action.

4. Inter disciplinary Team Approach : Operations Research is inter disciplinary in nature and requires a team approach to a solution of the problem. Managerial problems have economic physical biological, psychological, sociological and engineering aspects. This requires a blend of people with expertise in areas of mathematics statistics engineering economies management computer science and so on.

5. Digital Computer: Use of a digital computer has become an integral part of the OR approach to decision making. The computer may be mandatory due to the complexity of the model volume of data required and the computation to be made.

There are various sites which provide Operation research assignment help. The students will also get scores, feedback and where they are getting wrong. The teachers will also help them with getting good grades. So now if you need help with assignment help or operation research just go online and get some assistance.

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