Operations research (OR)

Definition:

A method of decision-making that uses analytical tactics such as mathematical models and statistical data to reduce risk and assist in answering complex business problems.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Project notes (PN)

Notes issued by municipalities to finance federally sponsored programs in urban renewal and housing and guaranteed by the U.S. Department of Housing and Urban Development.

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