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Operations Research as a subject is a combination of the concepts taken from the subjects such as Economics, Computer Science, Mathematics, Physics, and Engineering. It involves statistical analysis, mathematical modelling and mathematical optimization to increase the efficiency and performance of the analytical problems. In organisations, the methods and techniques included in this subject are used to solve business-related problems.
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Process flow | Operation research systems |
Operation Research capacity analysis | Linear Programming |
Visualizing process | Decision tree approach |
Decision making under risk | Project planning and control |
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Assignment model | Game theory |
Queuing theory | Flow variability |
Certainty and uncertainty | Time-series forecasting |
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