The use of mathematical models and quantitative techniques to solve managerial problems is often referred to as
A) base heuristics.
B) algorithmics.
C) quantity analysis.
D) operations research.
E) resource simulation.

Question

Quizplus · Accepted Answer

Operations research involves the use of mathematical models, statistics, and algorithms to aid in decision-making, especially in complex scenarios or systems. It is applied to solve managerial and logistical problems by optimizing processes, resource allocation, and other operational aspects.

The Use of Mathematical Models and Quantitative Techniques to Solve