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  2. Multiple choice - Wikipedia

    en.wikipedia.org/wiki/Multiple_choice

    A multiple choice question, with days of the week as potential answers. Multiple choice (MC), [1] objective response or MCQ(for multiple choice question) is a form of an objective assessment in which respondents are asked to select only the correct answer from the choices offered as a list.

  3. Big M method - Wikipedia

    en.wikipedia.org/wiki/Big_M_method

    In operations research, the Big M method is a method of solving linear programming problems using the simplex algorithm.The Big M method extends the simplex algorithm to problems that contain "greater-than" constraints.

  4. Operations research - Wikipedia

    en.wikipedia.org/wiki/Operations_research

    Operations research (British English: operational research) (U.S. Air Force Specialty Code: Operations Analysis), often shortened to the initialism OR, is a branch of applied mathematics that deals with the development and application of analytical methods to improve management and decision-making.

  5. Managerial economics - Wikipedia

    en.wikipedia.org/wiki/Managerial_economics

    monitoring operations management and performance, target or goal setting; talent management and development. In order to optimize economic decisions, the use of operations research, mathematical programming, strategic decision making, game theory [8] [9] and other computational methods [10] are often involved. The methods listed above are ...

  6. Category:Operations research - Wikipedia

    en.wikipedia.org/wiki/Category:Operations_research

    Operations research, operational research, or simply O.R., is the use of mathematical models, statistics and algorithms to aid in decision-making. It is most often used to analyze complex real-world systems, typically with the goal of improving or optimizing performance. It is one form of applied mathematics

  7. Ant colony optimization algorithms - Wikipedia

    en.wikipedia.org/wiki/Ant_colony_optimization...

    In computer science and operations research, the ant colony optimization algorithm (ACO) is a probabilistic technique for solving computational problems that can be reduced to finding good paths through graphs. Artificial ants represent multi-agent methods inspired by the behavior of real ants.

  8. Operations management - Wikipedia

    en.wikipedia.org/wiki/Operations_management

    Operations management covers sectors like banking systems, hospitals, companies, working with suppliers, customers, and using technology. Operations is one of the major functions in an organization along with supply chains, marketing, finance and human resources. The operations function requires management of both the strategic and day-to-day ...

  9. Optimal control - Wikipedia

    en.wikipedia.org/wiki/Optimal_control

    A dynamical system may also be introduced to embed operations research problems within the framework of optimal control theory. [ 4 ] [ 5 ] Optimal control is an extension of the calculus of variations , and is a mathematical optimization method for deriving control policies . [ 6 ]