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Operations research (OR) employs analytical methods to enhance problem-solving and decision-making within organizations. It involves breaking down complex issues into manageable components, utilizing techniques such as mathematical logic, simulation, and game theory. The process consists of three main steps: generating a broad set of potential solutions, narrowing them down to the most viable options, and testing these alternatives through simulations or real-world applications. The integration of psychology and management science is crucial in the final implementation phase.
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Operations Research, Amit Jain
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- Released
- 2019
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- (Paperback)
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