0

Subjects>Business>Economics

What is the importance of operation research in industries?

Anonymous

∙ 14y ago

Updated: 9/17/2023

1. It enbles new and improved processes to be invented.

2. Industries are able to produce products of improved quality

3. Through research industries are able to obtain freedom from domination by foreign countries

Wiki User

∙ 14y ago

What else can I help you with?

Continue Learning about Economics

What are the nature of research?

the nature of operation research?

What is the importance of research to public administration?

what is the importance of conducting research in public administration

Why is Research and development important in manufacturing industries?

Research and development (R&D) allows Canada to participate in new markets and industries, and lets Canadian businesses offer their customers new or improved products, processes and services.

What are the objectives of operation research?

Planning, control, apt, databases, stains, porter, ganado

What does the government use to control who enters an industry?

Through a licensing system, government agencies control who enters such industries, their prices, and their methods of operation.

Related Questions

What is the Importance of vsat in internet operation?

the importance of vsat

Discuss significance and scope of operation research in scientific managementi?

scope of operation research

What are the nature of research?

the nature of operation research?

Where is the Leather Industries of America Research Laboratory based?

The Leather Industries of America Research Laboratory is in Cincinnati, Ohio

What is the importance of stewarding in hotel operation?

importance of stewarding in hotel

What is the importance of research to public administration?

what is the importance of conducting research in public administration

What are Steps of operation research?

CHOOT....

Operation research means what?

eddy

What are examples of quaternary industries?

these industries include research, developement. Examples are ICT consultants, medical research and product developers. Does that help at all??

What is the importance of operation research in business decision?

Operations research helps a business to make decisions regarding crucial aspects like cues or the order of production of certain materials. The analytical methods applied aid in industrial production and wartime planning.

What are the importance of reliance industries shares?

so u want to ask abt d importance of excretion !!

What are the dominant economic features of pharmaceutical industries?

research

Trending Questions

In a free market system producers are motivated to reduce costs and increase revenues because why? A firm will maximize profits by employing the quantity of each input where the marginal does what? What country is magnets imported from? Why don't some small businesses use ecommerce? How is gold used commercially in the world? When one company buys everything needed to produce market and deliver their produce they participate in? Where was the fur trade the major source? Disadvantages of the Online Auction? Why have been women so eager to increase their participation you the labor market? How could inflation be prevented? How much is a 1946 D copper wheat penny worth? What will happen if the market for computer memory chips the equilibrium price is 50 per chip and the current price is 55 per chip? What type of currency does Columbia use? What factors determine whether a good is classified as a normal good, and how does consumer behavior change in response to shifts in income levels affecting the demand for normal goods? During what period of colonization developed countries did what? What is a polyopsony? A production process characterized by a short production run and frequent adjustments to machines so that different products can be produced is known as a? How is 300 usd in gbp? What was Walmart's stock price in 1992? How can export help increase government receipt?

Resources

Top Categories

Product

Company

Copyright ©2025 Answers.com. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.