Business managers face an endless list of complex issues every day. They must make decisions about financing, where to build a plant, how much of a product to manufacture, how many people to hire, and ...
WHAT is ‘Operational research'? Is it an activity of major importance to industry? Can it be carried out effectively by co-operative organisations such as research associations? How does one set about ...
Operations research analysts are involved in top-level strategizing, planning, and forecasting. They use advanced techniques from mathematics, science, and engineering to make better decisions and to ...
Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...