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Tito Exam.pdf - Name: Jade Ruby L. Tito Subject/Section:...

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Name: Jade Ruby L. TitoSubject/Section: ISY113 Dd1.Chapter 2: Discuss the Operation Research phases.(a.)Defining the problem and gathering data- This is the first phase of OR where the teamperform detailed technical analysis on the problem through collecting data. This is acrucial phase as it would be difficult to extract the‘right’ answer from the ‘wrong’problem. Therefore, the first order of business is to study the relevant system anddevelop a well-defined statement of the problem to be considered. This includesdetermining such things as the appropriate objectives, con straints on what can bedone, interrelationships between the area to be studied and other areas of theorganization, possible alternative courses of action, time limits for deciding, and so on.(b.)Formulating a mathematical model- This second phase is an important step sincemodeling is a distinguishing feature of all operations research initiatives. Here is toreformulate the problem identified in a mathematical model that represents theessence of the problem. Types of models that can be used are iconic models, analogmodels, and mathematical models.(c.)Deriving solutions from the model- This phase is to create a process for derivingsolutions to the problem. Its general theme is to all about the pursuit of the optimal orbest solution, specifically a solution that saves cost and time while maximizing profits.

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Term
Spring
Professor
N/A
Tags
Operations Research, Linear Programming, Optimization, Part time, mathematical model

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