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INTERNAL ASSESSMENT

NAME: R.POONGUZHALI
REG NO: 225012301289
SUB: PRODUCTION AND OPERATION RESEARCH LAB
SUB CODE: MMBA22L06
DATE: 06.11.2023

Descriptive question– 10 Marks


Write the steps involved in solving LPP Using Graphical method? And also write
the applications of Operations Research.
Answer

Steps involved in solving LPP using Graphical method:

1. Convert the given constraints into equations.


2. Plot the lines on the graph.
3. Identify the feasible region.
4. Find the extreme points of the feasible region.
5. Evaluate the objective function at each extreme point.
6. Determine the optimal solution.

Applications of Operations Research:

Operations Research (OR) is a scientific approach to decision-making that uses


mathematical models to solve complex problems. OR has a wide range of applications
in various fields, including:

1. Manufacturing: OR can be used to optimize production processes, minimize costs, and


improve quality control.
2. Transportation: OR can be used to optimize transportation routes, reduce delivery
times, and minimize transportation costs.
3. Finance: OR can be used to optimize investment portfolios, manage risk, and improve
financial performance.
4. Healthcare: OR can be used to optimize hospital operations, improve patient care, and
reduce costs.
INTERNAL ASSESSMENT
NAME: R.POONGUZHALI
REG NO: 225012301289
SUB: PRODUCTION AND OPERATION RESEARCH LAB
SUB CODE: MMBA22L06
DATE: 06.11.2023

5. Marketing: OR can be used to optimize marketing campaigns, improve customer


targeting, and increase sales.

These are just a few examples of the many applications of OR. OR can be applied to any
situation where there is a need to make complex decisions based on limited resources.

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