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Management · Q93

Operations Research or Qualitative Approach

Graduate and Post Graduate · Management · question 93

Q93

Operations Research involves ______________ attack of complex problems to arrive at the optimum solution.

A.
Scientific
B.
Systematic
C.
Both A and B
Answer
D.
Statistical

Answer: Option C

Solution

Answer: Option C
Solution:
Operations Research involves scientific and systematic attack of complex problems to arrive at the optimum solution. An optimal solution is a feasible solution where the objective function reaches its maximum (or minimum) value – for example, the most profit or the least cost. A globally optimal solution is one where there are no other feasible solutions with better objective function values.