PowerPoint Presentation: Operation research is mathematical science, which focus on the effective use of technology. Operation research has overlap with other disciplines, note with operation management for determining the maximum profit performance & minimum risk, losses of some real world objective. Operation Research Meaning
Scope of Operation Research: In industrial sector there is chain of problems starting from the purchase of raw materials to the dispatch of raw finish goods. The management is interested in having an overall view of the method of optimized profit . In order to take decision on scientific basis. Scope of Operation Research In Industry:
PowerPoint Presentation: O.R has a wide scope for application in defense operation. In modern war face the defense operations are carried out by number of different agencies, name by air force , army & navy. In defense:
PowerPoint Presentation: In both developed and developing economics. O.R approaches is equally applicable in developing economics, there is great scope of developing an O.R approach towards planning. In Planning:
PowerPoint Presentation: O.R approach need to be equally in agriculture sector on national or international basis with population explosion and consequent shortage of food , every is facing the problem of optimum allocation of land to various crops in accordance with climate condition and available facilities . In Agriculture:
PowerPoint Presentation: O.R methods can also be applied in big hospital to reduce waiting time of out-door patient and to solve the administrative problems. In Public Utilities
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