OR Methods
Operational research methods involve the application of advanced analytical techniques to aid decision-making and problem-solving in complex systems. These methods, which include mathematical modeling, statistical analysis, and optimisation, are designed to evaluate and improve the efficiency and effectiveness of operations across various industries.
By utilising tools such as linear programming, simulation, and decision analysis, operational research helps organisations to optimise resource allocation, streamline processes, and enhance overall performance. The interdisciplinary nature of operational research draws on principles from mathematics, engineering, economics, and management, making it a critical tool for tackling modern-day operational challenges.
For a more in depth insight to Operational Research read Operational Methods: Applications and Research in The Journal of Operational Research.