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What is difference between Operations Research and Operational Research?
operations research means research on topics related to operations while operational research means research in on operating mode. The former is a term representing a subject of research, the later is showing the status of research.
What are the roles of operational research and business decision making?
Operational research allows business leaders to have more technical knowledge. With more research about operations, managers can choose the best alternatives presented to them. The key thing in this equation is that good operational research helps better business decisions. Often times the business decision often opted for is to spend more money on research.
What is a quantitative?
The official definition for a quantitative model is " Collection of mathematical and statistical methods used in the solution of managerial and decision-making problems, also called operations research (OR) and management science."
What is a quantitative model?
The official definition for a quantitative model is " Collection of mathematical and statistical methods used in the solution of managerial and decision-making problems, also called operations research (OR) and management science."
Operations of sets?
operations of sets in algebra
