Applied Mathematics

Other Areas of Applied Mathematics

What is operations research?

Operations research, more commonly called optimization theory, is a form of applied mathematics designed to determine the most efficient way of doing something by using mathematical models, statistics, and algorithms in the decision-making process. It is a branch of mathematics that entails the many diverse areas of optimization and minimization, including the calculus of variations, control theory, decision theory, game theory, linear programming, and many others. Operations research is most often used to analyze complex, real-world systems, stressing the improvement in or optimization of performance.



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