Operations Research

Term Paper # 99396

Business
Business > Applied Operations

Operations Research

This paper discusses the methods and uses of operations research, the diverse study of a business.

1,698 words () | 3 sources | MLA | 2007 United States

Paper Summary:

This paper explains that operations research is the study of the operating procedures of a business that includes research on all factors related to that business. The paper discusses the research issues of transportation, customer service, costs and cash flow and staffing that are dominant concerns in the globalized community. The paper concludes that operations research will be an integral part of the business environment now and in the future.

Outline:
Introduction
Transportation
Costs
Customer Service
Staffing
Conclusion

From the Paper:

"Operations research began being used routinely throughout business after WWII (Hillier & Lieberman, 2001, p. 1). It was necessary at that time to determine the best possible means of defeating the enemy in battle, and therefore, all concerns associated with these possibilities has to be taken into consideration. Rather than approaching the issue from an opinionated perspective, military officials decided that it was more feasible to evaluate the situation with a scientific approach, which would lead to more accurate outcomes related to battle."

Sample of Sources Used:

Hillier, F., and Lieberman, G. (2001). Introduction to operations research. New Dehli: Tata McGraw-Hill.
Jensen, P. (2004). Models. University of Texas. Retrieved September 13, 2006, from http://www.me.utexas.edu/~jensen/ORMM/models/unit/network/subunits/examples/restrictions.html
Sasieni, M. (1959). Operations research: Methods and problems. New York: Wiley.