It uses statistical analysis, mathematical optimization and mathematical modelling to find solutions to complex decision-making processes. Simply put, Operational Research is a subset of mathematical sciences, which applies a series of analytical methods to aid in decision making. To understand how Operational Research can benefit the casino industry, one must first have a grounding in what OR entails. This is an area that has great potential but has hitherto not been covered in great detail. If you’re unfamiliar with either topic, this page will provide some background on both, before going on to outline the benefits of OR in the casino operations industry.
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