Management Applications of Operation Research, Operation Research

Some areas of applications are
Purchasing, Procurement and Exploration
Quantities and timing of purchase
Replacement policies
Rules for buying, supplies

Finance, Budgeting and Investment
Credit polices, account procedures
Cash flow analysis , investment portfolios
Personnel management
Selection of suitable personnel on minimum salary
Mixes of age and skills

Marketing
Product selection, timing
Number of salesman, advertising
Production management
Physical distribution
Manufacturing
Facilities planning
Maintenance and project scheduling
Research and development
Project selection
Reliability and alternative design
Determination of area of research and development
Posted Date: 6/28/2012 5:49:07 AM | Location : United States







Related Discussions:- Management Applications of Operation Research, Assignment Help, Ask Question on Management Applications of Operation Research, Get Answer, Expert's Help, Management Applications of Operation Research Discussions

Write discussion on Management Applications of Operation Research
Your posts are moderated
Related Questions
Dynamic programming may be considered thoutgrowth of mathematical programming and involves the optimization of multistage( sequence of inter related decisions) decision process


AI TECHNOLOGY''S CURRENT AND POTENTIAL FUTURE APPLICATIONS

how i do project in linear programming

ABC Company manufactures both interior and exterior paints from 2 raw materials M1 and M2. The following table gives basic data of problem.     Exterior

Discuss the methodology of operation research

A factory employs unskilled workers earning $135 per week and skilled workers earning $270 per week. It is required to keep the weekly age bill below $24,300. The machine requires

Question 1 What do you understand by customs duty? Explain the taxable events for imported, warehoused and exported goods. List down the types of duties in customs. An importer

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

DISCUSS THE SIGNIFICANCE AND SCOPE OF OPERATION RESEARCH IN MODERN MANAGEMENT