What is Operations Research and Why is it Important?

Operational research is part of management and business studies, it is an analytic method of decision-making and problem-solving processes. It is very useful to do mathematical analysis. It is also very helpful for managing the internal environment of an organization. Operational research helps to break down complicated tasks into basic components and then solve them with the help of mathematical analysis. Operational research is part of many MBA Assignments and it is a little difficult to understand so this is the reason why students seek help from MBA Assignment Writing Services . To understand the OR, it is very important to break it into the steps mentioned below. Finding the problem that needs to be solved. Make or build a model to find the solutions to the problem Using the model will help to find out the solution to the problem. To find out the right solution provided by the model, test each solution and analyze the result. Implement a suitable solution for the problem. Operatio...