management science

noun

UK /ˈmænɪdʒmənt ˈsaɪəns/

US /ˈmænɪdʒmənt ˈsaɪəns/

Using math and computers to help people make good choices at work.

The company used management science to figure out the fastest way to deliver packages.

SYNONYMS

operations research decision science systems analysis quantitative management

RELATED WORDS

optimization statistics logistics modeling forecasting

OTHER MEANINGS

2. The study of how to plan and organize work efficiently.

She studied management science to learn how to run a business better.

3. A field that uses data and models to solve business problems.

Management science helped the hospital schedule its nurses fairly.

4. The application of scientific methods to management decisions.

The team applied management science to choose the best factory location.