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- DictionaryOp·er·a·tions re·search/ˌäpəˈrāSHənz rəˈsərCH/
noun
- 1. the application of scientific principles to business management, providing a quantitative basis for complex decisions.
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- Operations research
Discipline that deals with the application of advanced analytical methods to help make better decisions
Operations research, often shortened to the initialism OR, is a discipline that deals with the development and application of analytical methods to improve decision-making. The term management science is occasionally used as a synonym. Employing techniques from other mathematical sciences, such as modeling, statistics, and optimization, operations research arrives at optimal or near-optimal soluti... Wikipedia
