In today’s world where decision-making does not depend on intuition, managerial techniques are widely used. All applications of OR cannot be listed as OR as a tool finds new application every day. It finds typical applications in many activities related to work planning. Some important applications are:

1. Manufacturing/Production

• Production planning and control
• Inventory management.

2. Facilities Planning

• Design of logistic system
• Factory/buildinglocation and size decisions
• Transportation loading and unloading
• Planning warehouse locations.

3. Accounting

• Credit policy decisions
• Cash flow and fund flow planning.

4. Construction Management

• Allocation of resources to different projects in hand
• Workforce/labour planning
• Project management (scheduling, monitoring and control).

5. Financial Management

• Investment decision
• Portfolio management.

6. Marketing Management

• Product-mix decisions
• Advertisement/Promotion budget decisions
• Launching new product decisions.

7. Purchasing Decision

Inventory management (optimal level of purchase), Optimal re-ordering.

8. Personnel Management

• Recruitment and selection of employees:
• Designing training and development programmes
• Human resources planning (HRP).

9. Research and Development

• Planning and control of new Rand D projects.
• Product launch planning.