What Does OR Stand For?
OR stands for Operational Research
Operational Research (OR) is a discipline that applies advanced analytical methods to help make better decisions. By utilizing techniques such as mathematical modeling, statistical analysis, and optimization, OR provides insights into complex systems and processes across various industries. It aims to improve efficiency, reduce costs, and enhance overall performance by employing quantitative approaches to problem-solving and decision-making.
Added on 14th April 2008 | Last edited on 18th June 2025 | Edit Acronym