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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