I'm actually curious if any business use Operations Research for real, vs. managers just guessing. I mean do something like Linear Programming to optimize profits based on various constraints.
I'm actually curious if any business use Operations Research for real, vs. managers just guessing. I mean do something like Linear Programming to optimize profits based on various constraints.
The MIT LGO program has some theses published online that show how OR techniques are applied at smaller scale in industry.
I’ve been involved in some smaller scale projects that used mathematical programming techniques to help with scheduling manufacturing lines and call center shifts. We’ve used simulation to help understand how improvements can be made in call centers and warehouses.
Lots of this stuff is under industrial engineering at the operational level.
At the supply chain level, often a company is using the services of someone else. Sometimes they’ll have industrial engineers working with these techniques.
[1] https://www.informs.org/Recognizing-Excellence/INFORMS-Prize...
I personally think that there is a LOT of very useful stuff in the field.