Mb300 Unit 1

MB0048-Unit-01-Introduction to Operations Research
Unit-01-Introduction to Operations Research
Structure:
1.1 Introduction
Learning objectives
1.2 Historical Background
Definitions of Operations Research
1.3 Scope of Operations Research
1.4 Features of Operations Research
1.5 Phases of Operations Research
1.6 Types of Operations Research models
1.7 Operations Research Methodology
Definition
Construction
Solution
Validation
Implementation
1.8 Operations Research Techniques and Tools
1.9 Structure of the Mathematical Model
1.10 Limitations of Operations Research
1.11 Summary
1.12 Terminal Questions
1.13 Answers to SAQs and TQs
Answers to Self Assessment Questions
Answers to Terminal Questions
1.14 References
1.1 Introduction
Welcome to the unit on Operations Research Management. Operations Research Management focuses on the mathematical scoring of consequences of a
Research Phase: This phase utilises the following methodologies:
a) Operations and data collection for a better understanding of the problems
b) Formulation of hypothesis and model
c) Observation and experimentation to test the hypothesis on the basis of additional data
d) Analysis of the available information and verification of the hypothesis using pre-established measure of effectiveness
e) Prediction of various results and consideration of alternative methods
3. Action Phase: The action phase involves making recommendations for the decision process. The recommendations can be made by those who identified and presented the problem or anyone who influences the operation in which the problem has occurred.
Self Assessment Questions
State True/False:
7. OR gives qualitative solution
8. One of the OR phases is Action phase
1.6 Types of OR