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Operations Research M.com 2nd Sem notes Pdf Bu bcu bnu

Operations Research M.com 2nd Sem notes Pdf Bu bcu bnu
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Origin (History): The ambiguous term operations research (O.R.) was coined during World War II, when the
British military management called upon a group of scientists together to apply a scientific approach in the
study of military operations to win the battle. The main objective was to allocate scarce resources in an
effective manner to various military operations and to the activities within each operation.
The effectiveness of operations research in military spread interest in it to other government departments and
industry.

Meaning of Operation Research

It is the method of analysis by which management Receives aid for their decisions. Though the name
of this method, Operation Research (O.R.) is relatively new, but the method used for this is not a
new one. Operation Research is concerned with the application of the principles and the methods of
science to the problems of strategy.

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