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What Is Operational Research

Operational research is applying scientific methods to optimize systems and provide the best solutions to problems. The simplex method solves linear programming problems by hand using slack variables and pivot variables to find optimal solutions. It is commonly used in real-life applications like resource allocation, production planning, and network flow optimization to optimize processes and maximize profits.

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Satyam Singh
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7 views2 pages

What Is Operational Research

Operational research is applying scientific methods to optimize systems and provide the best solutions to problems. The simplex method solves linear programming problems by hand using slack variables and pivot variables to find optimal solutions. It is commonly used in real-life applications like resource allocation, production planning, and network flow optimization to optimize processes and maximize profits.

Uploaded by

Satyam Singh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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What is Operational Research?

“O.R. is an application of scientific methods,


techniques, and tools to problems involving
Operations for system so as to provide those
in control of the system with optimum
solutions to the problem.”
What is simplex method?
The Simplex method is an approach to solving
linear programming models by hand using
slack variables, tableaus, and pivot variables
as a mean to find the optimal solution of an
optimization problem. A linear program is a
method of achieving the best outcome given a
maximum or minimum equation with linear
constraints.
Uses Of Simplex Method
It is commonly in various real-life application
such as resource allocation, production
planning, transport scheduling and network
flow optimization. For example, businesses
use the simplex method to optimize
production processes, minimize cost and
maximize profits.

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