7/13/2023 0 Comments Operational research models![]() Decision-making is one of the main activity of a manager or executive. We make decisions in our every day life without even noticing them. ![]() The ultimate goal of all such decisions is to either maximize the desired benefit or minimize the effort required. In various practical problems we may have to take many technical or managerial decisions at several stages. Optimization is the act of obtaining the best result under any given circumstance. ![]() Operations Research approach of problem solving
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