Operations Research is a field of study that originated during World War II, with the aim of optimizing military operations. Since then, OR has evolved to become a vital tool in various fields, including business, economics, engineering, and healthcare. A.P. Verma’s book on Operations Research provides a thorough introduction to the subject, covering the basic concepts, techniques, and applications of OR.
OR is used in engineering to optimize design and performance.
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The book provides an introduction to game theory, including the basic concepts of games, strategies, and payoffs.
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OR is used in business to optimize production, inventory, and supply chain management.