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Operations research (British English: operational research) (U.S. Air Force Specialty Code: Operations Analysis), often shortened to the initialism OR, is a discipline that deals with the development and application of analytical methods to improve decision-making. [1] The term management science is occasionally used as a synonym.
An operational definition is designed to model or represent a concept or theoretical definition, also known as a construct. Scientists should describe the operations (procedures, actions, or processes) that define the concept with enough specificity such that other investigators can replicate their research. [4][5] Operational definitions are ...
Data analysis is the process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. [ 1 ] Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, and is used in different business ...
Operationalization is the scientific practice of operational definition, where even the most basic concepts are defined through the operations by which we measure them. The practice originated in the field of physics with the philosophy of science book The Logic of Modern Physics (1927), by Percy Williams Bridgman, whose methodological position is called "operationalism".
Foundations of statistics. The Foundations of Statistics are the mathematical and philosophical bases for statistical methods. These bases are the theoretical frameworks that ground and justify methods of statistical inference, estimation, hypothesis testing, uncertainty quantification, and the interpretation of statistical conclusions.
Statistical process control (SPC) or statistical quality control (SQC) is the application of statistical methods to monitor and control the quality of a production process. This helps to ensure that the process operates efficiently, producing more specification-conforming products with less waste scrap. SPC can be applied to any process where ...
Statistics (from German: Statistik, orig. "description of a state, a country" [1]) is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of data. [2] In applying statistics to a scientific, industrial, or social problem, it is conventional to begin with a statistical population or a statistical ...
Operational excellence. Operational excellence refers to the systematic implementation of principles and tools designed to enhance organizational performance and create a culture focused on the continuous improvement. It enables employees at all levels to identify, deliver, and enhance the flow of value to customers.