Operations Research - Problems Addressed With Operational Research

Problems Addressed With Operational Research

  • Critical path analysis or project planning: identifying those processes in a complex project which affect the overall duration of the project
  • Floorplanning: designing the layout of equipment in a factory or components on a computer chip to reduce manufacturing time (therefore reducing cost)
  • Network optimization: for instance, setup of telecommunications networks to maintain quality of service during outages
  • Allocation problems
  • Facility location
  • Assignment Problems:
    • Assignment problem
    • Generalized assignment problem
    • Quadratic assignment problem
    • Weapon target assignment problem
  • Bayesian search theory : looking for a target
  • Optimal search
  • Routing, such as determining the routes of buses so that as few buses are needed as possible
  • Supply chain management: managing the flow of raw materials and products based on uncertain demand for the finished products
  • Efficient messaging and customer response tactics
  • Automation: automating or integrating robotic systems in human-driven operations processes
  • Globalization: globalizing operations processes in order to take advantage of cheaper materials, labor, land or other productivity inputs
  • Transportation: managing freight transportation and delivery systems (Examples: LTL Shipping, intermodal freight transport)
  • Scheduling:
    • Personnel staffing
    • Manufacturing steps
    • Project tasks
    • Network data traffic: these are known as queueing models or queueing systems.
    • Sports events and their television coverage
  • Blending of raw materials in oil refineries
  • Determining optimal prices, in many retail and B2B settings, within the disciplines of pricing science

Operational research is also used extensively in government where evidence-based policy is used.

Read more about this topic:  Operations Research

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