Computer Based Optimization Technique (CBOT)

Computer Based Optimization Technique (CBOT):

optimization: 

It means to maximize or minimize.

 It is a technique in which we use optimization (min problem).

Application of Optimization Research:

1. Decision Making
1. Management
2. Conditions Based
2. Scientific Approach
1. scientific Methods
3. Interdisciplinary Team Approach
1. X-ray
2. Bio-Related Machines
4. Digital Computers

General Solution Methods for Solving OR:

There are following technique for solving the problems.

1. Analytical Techniques
2. Numerical Methods
1. Iterative
2. Trail Method
3. Monto Carlo Method
1. Probability
2. Sampling