Operations Research has the characteristics the it is done by a team of _____________.
A. Scientists
B. Mathematicians
C. Academics
D. All of the above
Answer: Option A
Solution(By Examveda Team)
Operations Research has the characteristics the it is done by a team of Scientists. Operations research attempts to evaluate the effect of changes in any part of a system on the performance of the system as a whole and to search for causes of a problem that arises in one part of a system in other parts or in the interrelationships between parts. In industry, a production problem may be approached by a change in marketing policy.Related Questions on Operations Research
A. Is possible when the variables value is known
B. Reduces the scope of judgement & intuition known with certainty in decision-making
C. Require the use of computer software
D. None of the above
A. Must be deterministic
B. Requires computer aid for its solution
C. Represents data in numerical form
D. All of the above
A physical model is example of.
A. An iconic model
B. An analogue model
C. A verbal model
D. A mathematical model
The qualitative approach to decision analysis relies on.
A. Experience
B. Judgement
C. Intuition
D. All of the above
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