The document discusses the methodology and phases of operations research. [1] It defines operations research as applying scientific methods and tools to optimize systems. [2] The methodology consists of five steps - defining the problem, constructing a model, solving the model, validating the model, and implementing results. [3] The phases of operations research generally involve three phases - the judgment phase to determine objectives and formulate problems, the research phase to analyze data and test hypotheses, and the action phase to make recommendations.
The document discusses the methodology and phases of operations research. [1] It defines operations research as applying scientific methods and tools to optimize systems. [2] The methodology consists of five steps - defining the problem, constructing a model, solving the model, validating the model, and implementing results. [3] The phases of operations research generally involve three phases - the judgment phase to determine objectives and formulate problems, the research phase to analyze data and test hypotheses, and the action phase to make recommendations.
The document discusses the methodology and phases of operations research. [1] It defines operations research as applying scientific methods and tools to optimize systems. [2] The methodology consists of five steps - defining the problem, constructing a model, solving the model, validating the model, and implementing results. [3] The phases of operations research generally involve three phases - the judgment phase to determine objectives and formulate problems, the research phase to analyze data and test hypotheses, and the action phase to make recommendations.
The document discusses the methodology and phases of operations research. [1] It defines operations research as applying scientific methods and tools to optimize systems. [2] The methodology consists of five steps - defining the problem, constructing a model, solving the model, validating the model, and implementing results. [3] The phases of operations research generally involve three phases - the judgment phase to determine objectives and formulate problems, the research phase to analyze data and test hypotheses, and the action phase to make recommendations.
Drive: SPRING 2014 Assignment Marks 60 OPERATIONS RESEARCH 4 credits Subject Code MB 0048
Name MAYANK JAIN Registration Number 1305002748 Learning Centre Media Features (India) Pvt. Ltd., NEW DELHI Learning Centre Code 2017 Program MBA Semester II Subject OPERATIONS RESEARCH Subject Code MB 0048
Question 1- Discuss the methodology of Operations Research. Explain in brief the phases of Operations Research.
A.: Meaning of Operations Research (2 marks) Churchman, Aackoff, and Aruoff defined operations research as the application of scientific methods, techniques and tools to the operation of a system with optimum solutions to the problems where 'optimum' refers to the best possible alternative. Methodology of Operations Research (4 marks): OR methodology consists of five steps. They are - defining the problem, constructing the model, solving the model, validating the model, and implementing the result: Definition: One needs to ensure that the problem is identified properly because this problem statement will indicate the following three major aspects: Description of the goal or the objective of the study, Identification of the decision alternative to the system & Recognition of the limitations, restrictions, and requirements of the system Construction: While selecting a model, you need to ensure that the model specifies quantitative expressions for the objective and the constraints of the problem in terms of its decision variables. Solution: A solution to a model implies determination of a specific set of decision variables that would yield an optimum solution. Validation: You can test the validity of a model by comparing its performance with some past data available from the actual system. Implementation: To do so, you need to translate these results into detailed operating instructions issued in an understandable form to the individuals who will administer and operate the recommended system. Phases of Operations Research (4 MARKS): The scientific method in OR study generally involves three phases. Judgment phase: This phase includes the following activities: (i) Determination of the operations, (ii) Establishment of objectives and values related to the operations, (iii) Determination of suitable measures of effectiveness & (iv) Formulation of problems relative to the objectives. Research phase: This phase utilizes the following methodologies: (i) Operation and data collection for a better understanding of the problems, (ii) Formulation of hypothesis and model, (iii) Observation and experimentation to test the hypothesis on the basis of additional data, (iv) Analysis of the available information and verification of the hypothesis using pre-established measure of effectiveness & (V) Prediction of various results and consideration of alternative methods. Action phase: This phase involves making recommendations for the decision process. The recommendations can be made by those who identify and present the problem or by anyone who influences the operation in which the problem has occurred.