Learn About OR
Posted by Armando Brito Mendes | Filed under Investigação Operacional, materiais para profissionais
In a nutshell, operational research (O.R.) is the discipline of applying advanced analytical methods to help make better decisions.
By using techniques such as problem structuring methods (sometimes known as ‘Soft O.R.’) and mathematical modelling to analyse complex situations, operational research gives executives the power to make more effective decisions and build more productive systems based on:
- More complete data
- Consideration of all available options
- Careful predictions of outcomes and estimates of risk
- The latest decision tools and techniques
Tags: intro IO
Comments are closed.