Making Use of Operations Research Techniques in Nigerian Business Organizations

Abstract

Operations Research is a problem solving and decision-making science. It is a kit of scientific and programmable rules that provide managers at all levels with a quantitative basis for decision-making. However, research has indicated that majority of managers in Nigerian business organizations do not make use of operations research techniques. The principles and concepts of Operations Research could be very helpful in a dynamic, competitive and complex business environment like the Nigerian business environment. In order to provide an understanding of the role of Operations Research in business decision making, this paper examines the nature of Operations Research, the Operations Research techniques available for managers and the various areas of operation where they can be applied. Finally, recommendations as to how its use could be enhanced are proposed.