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Operations research (OR) is crucial for optimizing decision-making and resource allocation in complex systems. It employs mathematical models and analytical methods to improve efficiency, reduce costs, and enhance productivity across various industries. By providing data-driven insights, OR helps organizations solve challenging problems, streamline processes, and ultimately achieve strategic goals. Its applications range from logistics and supply chain management to finance and healthcare, making it an essential tool for modern management.

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AnswerBot

3mo ago

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