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Operations research had been developed since World War II when many new scientific and quantitative techniques were used in making military decisions.
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The problem involves many variables
The problem is complex
Managers use quantitative approaches to make decision when
Mathematical models are available
Data are available
The goals can be described quantitatively
Observe the environment Define the problem Develop a model Obtain data Find and test the solution Implement the solution
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Reliable
Technically appropriate
A good operations research solution must be:
Economically viable
Behaviorally appropriate
Models can be used to present problems and solutions
Able to solve large and complex problems
Models can accurately represent reality
The Advantages of Using Mathematical Models
Models can help formulate problems
Models provide insight and information
Save time and money
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