State four applications of Operations Research

Supply Chain Management: Operations Research is used in supply chain management to manage and control the coordination of goods and services. It helps in optimizing inventory management, transportation, warehousing, and location planning.

Financial Services: In the financial sector, Operations Research is used for portfolio management, asset and liability management, risk management, and trading strategy development.

Health Care: Operations Research can be used in health care for patient flow management, medical imaging, treatment planning, and health care policy.

Manufacturing: In manufacturing, Operations Research is used for production planning and control, quality control, plant and facilities planning, and equipment maintenance planning.