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Operation research assignments are demanded by students globally. We are well aware that efficiency and Analytical skills are required to make an operation research assignment. Operations research deals with advanced analytical method applications that help to make a better decision. If you have collected all the relevant data that is required for writing your assignment and still you are struggling with how to compile it together, then Operations Research Assignment Help from Sample Assignment is your only solution.
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Operations research is a vast topic that incorporates the study of various disciplines and concepts. Operations research is used to arrive at an optimal solution for the given problems regarding decision making. It is used for providing quantitative management decisions. Under this, the problem is divided into various parts and then optimal solutions are generated. Various disciplines are similar to this domain such as management science, statistical analysis, optimization theory, network analysis, artificial intelligence, and Game Theory.
This concept was first introduced in World War II and then carried forward by the government and Society into business processes. Operations research is used by organizations to make various decisions and plan activities. Some of them are enterprise resource planning, scheduling in time management, supply chain management, inventory management,urban planning, network optimization, risk management, package routine optimization, and agriculture planning.
Operations research is not a one-step process but a linear process, still it is divided into 5 steps that are followed to attain solutions and solve actual problems.
This is the first and foremost step under which a formal description is given of the problem in hand. Certain data and specific problem areas are to be justified in the description. You need to be in conversation with the portion who addressed the problem. Make sure that you collect all the relevant data associated with the problem area.
In case you are not satisfied with the information provided by the person addressing the problem you can always ask for or other available data. Lack of data is a hindrance in the creation of a description model which leads to your inadequate formulation of operations research.
In this step, the described problem is converted into an OR Model. OR models may vary from person to person such as linear programming can be used for formulation and translation of the problem. You can also use stimulation for creating an OR model.
The model which was created in the previous stage is now solved. The process of solving a research model depends completely upon the type of model. There are several solutions to one method such as a linear program that can be done using an Interior point method or for the revised simplex method.
The analysis is provided in consideration of what changes it would bring to the mentioned problem data. The analysis is used for strategic decisions surcharge investment made in another company and what effect it might have on the current revenue or future revenue? Validation of solution is mandatory and to ensure that the solution should if provided with regards to the problem description. State practical facts and think as per clients satisfaction to provide an efficient solution. Therefore, analysis is important before presenting your solution to the clients.
The analysis that you have ascertained and the solution both should be presented to the client. You should translate the operations research model solution into a comprehensive summary that can be understood by the client. You should present your observations and decisions in such a manner that your client is well satisfied with the problem he stated. If you fail in conveying the analysis and solutions appropriately then there are likely chances of your solution to be detected. You can also assist your client with further analysis and future operations research opportunities.
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