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The terms operations research and management science are often used synonymously. When a distinction is drawn, management science generally implies a closer relationship to the problems of business management.
Operations research also closely relates to industrial engineering. Industrial engineering takes more of an engineering point of view, and industrial engineers typically consider OR techniques to be a major part of their toolset.
Some of the primary tools used by operations researchers are statistics, optimization, stochastics, queueing theory, game theory, graph theory, and simulation. Because of the computational nature of these fields OR also has ties to computer science, and operations researchers regularly use custom-written or off-the-shelf software.
Operations research is distinguished by its ability to look at and improve an entire systemFor the Macintosh operating system, which was called System up to version 7. 5, see Mac OS. A system is an assemblage of inter-related elements comprising a unified whole. From the Latin and Greek, the term "system" meant to combine, to set up, to place t, rather than concentrating only on specific elements (though this is often done as well). An operations researcher faced with a new problem is expected to determine which techniques are most appropriate given the nature of the system, the goals for improvement, and constraints on time and computing power. For this and other reasons, the human element of OR is vital. Like any tools, OR techniques cannot solve problems by themselves.
A few examples of applications in which operations research is currently used include the following:
The International Federation of Operational Research Societies (IFORS) is an umbrella organizationAn umbrella organization is an association of (often related, industry specific) institutions, who work together formally to coordinate activities or pool resources. In business, political, or other environments, one group, the umbrella organization, prov for operations research societies worldwide. Significant among these are the Institute for Operations Research and the Management Sciences (INFORMS) and the Operational Research Society (ORSOC). EURO is the association of European Operational Research Societies (EURO). ASOR is the Australian Society for Operations Research (ASOR).
In 2004, INFORMS began an initiative to better market the OR profession, including a website entitled The Science of Better, which provides an introduction to OR and examples of successful applications of OR to industrial problems.