What is the primary goal of operations research in a business context?

• To reduce the number of products

• To optimize operations and make informed decisions

• To increase the number of meetings

• To increase the number of employees

Which of the following is NOT a step in the operations research process?

• Constructing a model

• Ignoring the data

• Identifying a problem

• Implementing the solution

What is a key characteristic of operations research?

• Qualitative approach

• Ignoring data analysis

• Focus on problem-solving

• Avoiding mathematical models

In which sector is operations research NOT typically applied?

• Healthcare

• Fashion design

• Logistics

• Finance

What aspect of operations research promotes continuous improvement?

• Focusing only on past data

• Developing static models

• Updating and refining models

• Ignoring new information