tailieunhanh - Use of operation research techniques in managerial decision making

The primary purpose of the research project is to determine the use of operational research techniques in the process of improving managerial decisions. | Use of operation research techniques in managerial decision making Use of Operation Research Techniques in Managerial Decision Making Dr. Giriraj Kiradoo Journal USE OF OPERATION RESEARCH TECHNIQUES IN Impact Factor 2015 Calculated by GISI MANAGERIAL DECISION MAKING Dr. Giriraj Kiradoo Volume 6 Issue 6 June 2015 pp. 57-63 Article ID 10120150606007 International Journal of Management IJM IJM IAEME http ISSN 0976-6502 Print ISSN 0976-6510 Online IAEME Associate Professor- Department of Management amp Technology Govt. Engineering College Bikaner Bikaner Rajasthan India ABSTRACT Purpose- The process of managerial decision making is a highly complex activity which is directly linked to the profitability and efficiency of the business. There are rational business decisions that require quantitative data so that effectiveness can be enhanced. Operation research is the process of providing reliable data so that critical problems can be solved. The primary purpose of the research project is to determine the use of operational research techniques in the process of improving managerial decisions. Research methodology- The use of qualitative research supports in developing a more in- depth study on the topic. The current research uses the qualitative methods of secondary research through a proper analysis of books and journals. The researcher uses previously written books and papers for further analysis. Results- The application of proper methods of mathematical and quantitative calculation supports in improving the managerial decisions. The operational techniques support in taking proper decision through the analysis of data from the techniques of simulation problem solving and gaming. Conclusion- Operation research is used to solve complex problems of business through mathematical analysis. This technique is used in various fields of agriculture production and business management. The effectiveness of this method is observed .

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