{"id":1923,"date":"2016-03-10T17:16:24","date_gmt":"2016-03-10T17:16:24","guid":{"rendered":"http:\/\/www.care.ac.in\/management\/?p=1923"},"modified":"2016-03-10T17:16:24","modified_gmt":"2016-03-10T17:16:24","slug":"operations-research-in-business-dr-jayakrishna-bim-trichy","status":"publish","type":"post","link":"https:\/\/care.ac.in\/management\/2016\/03\/10\/operations-research-in-business-dr-jayakrishna-bim-trichy\/","title":{"rendered":"Operations Research in Business &#8211; Dr. Jayakrishna, BIM, Trichy"},"content":{"rendered":"<p><a href=\"https:\/\/care.ac.in\/management\/files\/2016\/03\/W1.jpg\" rel=\"attachment wp-att-1924\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-1924\" src=\"https:\/\/care.ac.in\/management\/files\/2016\/03\/W1-1024x576.jpg\" alt=\"W1\" width=\"720\" height=\"405\" \/><\/a><\/p>\n<p><strong>Operations research<\/strong> is a discipline that deals with the application of advanced analytical methods to help make better decisions. It emphasizes on human-technology interaction and because of its focus on practical applications, operations research has overlap with other disciplines, notably\u00a0industrial engineering\u00a0and\u00a0operations management, and draws on\u00a0psychology\u00a0and\u00a0organization science. Operations research is often concerned with determining the\u00a0maximum\u00a0(of profit, performance, or yield) or minimum (of loss, risk, or cost) of some real-world objective. Originating in military efforts before World War II, its techniques have grown to concern problems in a variety of industries.<\/p>\n<p>\u201cIn the industrial scenario today, Operations Research helps managers make better decisions in the context of uncertainty and risk\u201d, said Dr. Jayakrishna, BIM \u2013 Trichy during the session \u201cOperations Research for Business.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Operations research is a discipline that deals with the application of advanced analytical methods to help make better decisions. It emphasizes on human-technology interaction and because of its focus on practical applications, operations research has overlap with other disciplines, notably\u00a0industrial engineering\u00a0and\u00a0operations management, and draws on\u00a0psychology\u00a0and\u00a0organization science. Operations research is often [\u2026] <\/p>\n<div class=\"clear\"><\/div>\n<p><a class=\"more_link clearfix\" href=\"https:\/\/care.ac.in\/management\/2016\/03\/10\/operations-research-in-business-dr-jayakrishna-bim-trichy\/\" rel=\"nofollow\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":1924,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6],"tags":[],"class_list":["post-1923","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-connects","category-guest-lecture"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Operations Research in Business - Dr. Jayakrishna, BIM, Trichy - CARE Business School<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/care.ac.in\/management\/2016\/03\/10\/operations-research-in-business-dr-jayakrishna-bim-trichy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Operations Research in Business - Dr. Jayakrishna, BIM, Trichy - CARE Business School\" \/>\n<meta property=\"og:description\" content=\"Operations research is a discipline that deals with the application of advanced analytical methods to help make better decisions. It emphasizes on human-technology interaction and because of its focus on practical applications, operations research has overlap with other disciplines, notably\u00a0industrial engineering\u00a0and\u00a0operations management, and draws on\u00a0psychology\u00a0and\u00a0organization science. 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