Description

In the pursuit of more effective decision-making and efficiency, operations research includes a broad range of problem-solving tests. Among the methods employed by an operations researcher include statistics, optimisation, probability theory, queuing theory, game theory, graph theory, decision analysis, mathematical modelling, and simulation. Any system that uses information technology and human activity to assist management, operations, and decision-making is known as an information system. The interaction between algorithmic processes, data, and technology is commonly referred to as an information system in a very wide sense. Operations research is the scientific study of logistic networks to offer decision support at all levels in order to maximise output and distribution of commodity flows. Today's logistical networks have expanded significantly and may span many nations, while customer expectations for service quality have increased in line with ever higher standards. Most people concur that in order to successfully maintain such massive networks, one need to have control over all information flows through the network. This book consists of latest concepts and applications for its users and is really helpful.