Operations Research Analysts
What is an Operations Research Analyst?
Operations Research Analysts utilize advanced mathematical and analytical methods to help organizations solve complex problems and make better decisions. They employ techniques such as statistical analysis, optimization, and simulation to inform strategic planning and operational efficiency. These professionals analyze data to identify trends, forecast outcomes, and evaluate the costs and benefits of various strategies, aiming to improve productivity and effectiveness across various sectors, including healthcare, finance, logistics, manufacturing, and more. Operations Research Analysts often work with stakeholders to define problems, develop models, and communicate insights in a manner that drives actionable results. Their role is critical in guiding organizations through decision-making processes by providing data-driven recommendations and solutions.
Tasks
- Present the results of mathematical modeling and data analysis to management or other end users.
- Define data requirements, and gather and validate information, applying judgment and statistical tests.
- Perform validation and testing of models to ensure adequacy, and reformulate models, as necessary.
- Prepare management reports defining and evaluating problems and recommending solutions.
- Collaborate with others in the organization to ensure successful implementation of chosen problem solutions.
Technology Skills
- Analytical or scientific software
- Word processing software
- Operating system software
- Object or component oriented development software
- Data base user interface and query software
Tools Used
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Mainframe computers
- Notebook computers
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Desktop computers
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Personal computers
Knowledge
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Mathematics
Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
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Computers and Electronics
Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
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Engineering and Technology
Knowledge of the practical application of engineering science and technology. This includes applying principles, techniques, procedures, and equipment to the design and production of various goods and services.
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Production and Processing
Knowledge of raw materials, production processes, quality control, costs, and other techniques for maximizing the effective manufacture and distribution of goods.
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English Language
Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
Skills
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Mathematics
Using mathematics to solve problems.
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Complex Problem Solving
Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
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Active Listening
Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
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Critical Thinking
Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
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Reading Comprehension
Understanding written sentences and paragraphs in work-related documents.
Abilities
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Mathematical Reasoning
The ability to choose the right mathematical methods or formulas to solve a problem.
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Deductive Reasoning
The ability to apply general rules to specific problems to produce answers that make sense.
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Inductive Reasoning
The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
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Number Facility
The ability to add, subtract, multiply, or divide quickly and correctly.
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Oral Comprehension
The ability to listen to and understand information and ideas presented through spoken words and sentences.
Education
How much education does a new hire need to perform a job in this occupation?
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Master's degree
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Bachelor's degree
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Doctoral degree
Work Activities
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Getting Information
Observing, receiving, and otherwise obtaining information from all relevant sources.
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Analyzing Data or Information
Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
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Making Decisions and Solving Problems
Analyzing information and evaluating results to choose the best solution and solve problems.
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Working with Computers
Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
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Processing Information
Compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data.
Detailed Work Activities
- Present research results to others.
- Apply mathematical principles or statistical approaches to solve problems in scientific or applied fields.
- Determine appropriate methods for data analysis.
- Evaluate data quality.
- Develop scientific or mathematical models.
Work Interests
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Investigative
Work involves studying and researching non-living objects, living organisms, disease or other forms of impairment, or human behavior. Investigative occupations are often associated with physical, life, medical, or social sciences, and can be found in the fields of humanities, mathematics/statistics, information technology, or health care service.
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Conventional
Work involves following procedures and regulations to organize information or data, typically in a business setting. Conventional occupations are often associated with office work, accounting, mathematics/statistics, information technology, finance, or human resources.
Job Outlook
Projected salary and job growth
$52930.0 - $148920.0
This career will grow rapidly in the next few years.
Assessment
Related assessments and tests
No assessment available.