Operations Research, which is a very powerful tool for ___________.
A. Research
B. Decision – Making
C. Operations
D. None of the above
Answer: Option B
Solution(By Examveda Team)
Operations Research, which is a very powerful tool for Decision – Making. Operations research is important because it is a helpful tool used to solve complex problems under uncertainty. Operations research techniques fill this void with methods that quantify issues and give business managers a better basis for making decisions.This Question Belongs to Management >> Operations Research
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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