Operational
Research (O.R.) is the discipline of applying advanced analytical methods to
help make better decisions.
By
using techniques such as mathematical modeling to analyze complex situations,
operational research gives executives the power to make more effective
decisions and build more productive systems based on:
More
complete data
Consideration
of all available options
Careful
predictions of outcomes and estimates of risk
The
latest decision tools and techniques
Once
a good or better way of proceeding has been identified, OR people are often
central to the implementation of the proposed change.