management science


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Management science
Management science (MS), is the broad interdisciplinary study of problem solving and decision making in human organizations, with strong links to economicsbusinessengineering, and other sciences. It uses various scientific research-based principlesstrategies, and analytical methods including  mathematical modelingstatistics and numerical algorithms to improve an organization's ability to enact rational and meaningful management decisions by arriving at optimal or near optimal solutions to complex decision problems. In short, management sciences help businesses to achieve goals using various scientific methods.

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