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OR Chapter 1
OR Chapter 1
OVERVIEW OF OPERATIONS
RESEARCH
IUC 2023
Contents of Chapter One
1.5 Approaches of OR
1.1Definition of Operations Research
Choose an alternative
Cont…
The analysis phase of the decision making process may take on
two basic forms: Qualitative and Quantitative.
Qualitative analysis is used when:
The problem is fairly simple.
The problem is familiar.
The costs involved are not great.
Immediate decisions are needed.
Quantitative approach (such as OR) is used when:
The problem is complex.
The problem is not familiar.
The costs involved are substantial.
Enough time available to analyze the problem.
1.2 ORIGIN AND DEVELOPMENT OF OR
5. Use of computer
1.3 MODELS AND MODEL BUILDING
operations research.
B. Classification by Utility
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