Transcription of OPERATIONS RESEARCH - CONTEMPORARY ROLE
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IJRRAS 3 (2) May 2010 Agarwal & al. OPERATIONS RESEARCH - CONTEMPORARY Role in Managerial decision Making OPERATIONS RESEARCH - CONTEMPORARY ROLE IN. MANAGERIAL decision MAKING. Sangeeta Agrawal1, KR Subramanian2 & 1&2. Omkarananda Institute of Management and Technology, Rishikesh-249192 (Uttrakhand), India, 3. Indian Institute of Technology, Roorkee-247667, India ABSTRACT. As the global environment becomes fiercely competitive, OPERATIONS RESEARCH has gained significance in applications like world-class Manufacturing systems(WCM), Lean production, Six-sigma quality management, Benchmarking, Just-in-time (JIT) inventory techniques. The growth of global markets and the resulting increase in competition have highlighted the need for Operation RESEARCH . To survive and lead the today s highly competitive and demand driven market, pressure is on management to make economical decisions.
IJRRAS 3 (2) May 2010 Agarwal & al. Op e ration sR ch-Contemporary Role in Managerial Decision Making 200 OPERATIONS RESEARCH - CONTEMPORARY ROLE IN MANAGERIAL DECISION MAKING
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