Business professionals use operations research techniques such as analyzing data to make better decisions for their business. Using selected data to examine complex situations allows you to predict ...

Statistical Analysis The foregoing examples are obviously very important ones, but they are rather too complex to illustrate methods of operational research. For this purpose a different approach is ...

Business managers face an endless list of complex issues every day. They must make decisions about financing, where to build a plant, how much of a product to manufacture, how many people to hire, and ...

Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...