International Research journal of Management Science and Technology

  ISSN 2250 - 1959 (online) ISSN 2348 - 9367 (Print) New DOI : 10.32804/IRJMST

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WHAT IS LINEAR PROGRAMMING AND OPERATION RESEARCH

    1 Author(s):  DEEPIKA DEVI

Vol -  2, Issue- 2 ,         Page(s) : 17 - 20  (2011 ) DOI : https://doi.org/10.32804/IRJMST

Abstract

The terms Operation Research and Management Science tend to be used synonymously. Operation Research (or operational research, as it's called in Europe) refers to scientific methods (statistical and mathematical modeling, experiments, simulation, and optimization) applied to the solution of complex business problems. Operation Research is about deriving optimal solutions to maximize sales or profits and/or to minimize costs, losses, or risks.

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  2. Buffa, E.S., Sarin, R.K., Modern Production/Operation Management, John Wiley and Sons, Eighth Edition.
  3. B. Erkan, M.C. Jothishankar, T. Ekrem , W. Teresa, “Evolution of operations management: past, present  and future”,Management Research News, Vol. 30, No.7, 2007, pp.843-871
  4. Chary, S. N., Production and Operation Management, Tata McGraw-Hill Publishing Company Limited, Second edition 2000.

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