![]() ![]() ![]() Using techniques like mathematical modeling to analyze complex situations, Operations Research and Analytics enable more effective decisions and more productive systems based on robust data, the more complete consideration of available options, and careful predictions of outcomes and estimates of risk. Operations Research and Analytics drive performance and change in organizations of all types, including large and small, private and public, profit and nonprofit organizations. Analytics on the other hand, is the scientific process of transforming data into insights for making better decisions. The term Operational Research may alternatively be used instead of Operations Research. Operations Research (abbreviated as O.R.) is the application of scientific and mathematical methods to the study & analysis of problems involving complex systems.
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