Enhancing Efficiency and Effectiveness: The Role of Operations Research in Management Science
Keywords:
Operations research, Management science, Efficiency, Effectiveness, Decision-making, Mathematical modeling, Optimization, Resource allocationAbstract
This paper examines the pivotal role of operations research (OR) in enhancing efficiency and effectiveness within the realm of management science. Operations research offers a systematic approach to decision-making, utilizing mathematical modeling and analytical techniques to optimize processes and resource allocation. Through a comprehensive review of literature and case studies, this paper explores the applications of OR methodologies in diverse managerial domains, illustrating its significance in driving organizational performance and strategic decision-making.