Operations research OR
<p>Feb 26, 2009 9:23 PM
 
optimize maxima or minima  (risk, loss etc)
 
OR tools =  statistics,  optimization, prob theory, queing theory, game theory, graph theory, desc. anal, simulation.
 
travelling salesman prob
chip layout
flow of materials in a supply chain
automating human-driven operations processes
global operations mgmt to optimize  for cheaper materials, labor, land or other productive inputs
 
scheduling of  personnel,  manufac steps,  project tasks,  network data traffic
 
 
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