Operation research is an analytical method used to solve problems and make decisions in organizations. It involves breaking problems down into basic components and solving them through mathematical analysis. The main objective is to find the optimal solution given limited resources. Operation research can be applied to many business areas, including accounting, finance, production, marketing, personnel planning, and more. It has also been used successfully in industries like airlines, telecommunications, manufacturing, healthcare, and transportation.

1. PRESENTATION by,
CHANADANA.D.N
II MCOM
G.F.G.C .W.
HOLENARSIPURA
Under the guidance of
Sundar B. N.
Asst. Prof. & Course Co-ordinator
GFGCW, PG Studies in Commerce
Holenarasipura

2. OPERATION RESEARCH
APPLICATIONAND SCOPE IN
BUSINESSAREAS

3. Operation research is an analytical
method of problem- solving and
decision- making that is useful in the
management of organizations. In
operations research, problems are
broken down into basic components
and the solved in defined steps by
mathematical analysis.

4. Operations
The activities carried out in an
organization Research .
The process of observation and testing
characterized by the scientific method,
situation, problem statement, model
construction, validation,
experimentation, candidate solutions.

5. The main objective of operation
research is to find out the optimum or
best solution for decision making kept
in mind there is limited resources.

6.  The scope of OR is not only confined to any
specifice agency like defence service but today it
is widely used in all industrial organizations
 It can be used to fined the best solution to any
problem be it simple or complex. It is usefull in
every field of human activities.Thus it attempts
to reslove the conficts of intrest among the
components of organizations in a way that is best
for the organizations as a whole.

7.  ACCOUNTING
 Assigning audit teams effectively.
 Credit policy analysis.
 Cash flow planning.
 Developing standard costs.
 Establishing costs for by products.
 Planning of account strategy.

8.  Project scheduling , monitoring and control.
 Determination of proper work force.
 Development of work force.
 Allocation of resources to projects.

9.  Building cash management models.
 Allocating capital among various alternatives.
 Building financial planning models.
 Investment analysis.
 Portfolio analysis.
 Dividend policy making.

10.  Inventory control.
 Marketing balance projection.
 Production scheduling.
 Production something.

11.  Personnel planning.
 Recruitment of employees.
 Skill balancing.
 Training program scheduling.
 Designing organizational structure more
effectively.

12.  Airline industry
 Telecommunications
 Manufacturing industry
 Healthcare
 Transportation

13.  It tell how decision-making problems are
characterized.
 What a model in and how to assess its value.
 How to go from a conceptual problem to a
quantitative solution.
 Operation research needs to be integrated as an
essential part of monitoring.

14.  www.google.com.
 http://www.slideshare.net/sundar shetty2 /
application-of-operations-research?
from-m-app=android.