Operations Research is a ____________.
A. Science
B. Art
C. Mathematics
D. Both A and B
Answer: Option D
Solution(By Examveda Team)
Operations Research is a Science and Art. Operations Research is an Art and Science It had its early roots in World War II and is flourishing in business and industry with the aid of computer Primary applications areas of Operations Research include forecasting, production scheduling, inventory control, capital budgeting, and transportation.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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