Quantitative Analysis for 
       Business Decisions  
       Mrs.K.Sri Ranga Lakshmi 
        Assistant Professor 
     INTRODUCTION
        TO 
   OPERATIONS RESEARCH
            TOPICS
 Introduction to Operational Research
 History of Operational Research
 Operational Research in India
 Definition of Operational Research
 Features of Operational Research
 Scope of Operational Research
 Methodology/Approaches of Operational Research
 Tools/Techniques of Operational Research
 Operational Research and Management Decision-Making
 Limitations of Operational Research
                   INTRODUCTION TO
             OPERATIONAL RESEARCH
    Operational Research is a systematic and analytical approach to 
    decision making and problem solving.
            O.R. as termed in USA, Canada, Africa, Australia and 
    Operational Research as termed in Europe, is an Branch of applied 
    mathematicsthat uses techniques and statistics to arrive at Optimal 
    solutions to solve complex problems.
            It is typically concerned with determining the maximum 
    profit, sale, output, crops yield and efficiency 
    And minimum losses, risks, cost, and time of some objective 
    function. It have also become an important part of INDUSTRIAL 
    ENGINEERING PROFESSION.
    are-    Some of the PRIMARY TOOLS used by operation researchers 
    STATISTICS
    GAME THEORY
    PROBABILITY THEORY, etc.