9/27/2023 0 Comments Operational research courses![]() Improvement can be measured by the minimization of cost, maximization of efficiency, or optimization of other relevant measures of effectiveness. ![]() More formally, it is the development and application of mathematical models, statistical analyses, simulations, analytical reasoning, and common sense to the understanding and improvement of real-world operations. OR is the science of helping people and organizations make better decisions. The Operations Analysis (OA) curriculum was founded by the Navy in 1951, in order to retain, develop, and promulgate the methods of Operations Research (OR) that were used so successfully in World War II.
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