UGC Approved Journal no 63975(19)
New UGC Peer-Reviewed Rules

ISSN: 2349-5162 | ESTD Year : 2014
Volume 12 | Issue 10 | October 2025

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Published in:

Volume 5 Issue 10
October-2018
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR1810591


Registration ID:
189999

Page Number

267-274

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Title

Application Of Operation Research In Ikea

Abstract

Operations Research is the application of scientific methods to improve the effectiveness of operations, decisions and management. By means such as analyzing data, creating mathematical models and proposing innovative approaches, Operations Research professionals develop scientifically based information that gives insight and guides decision making. This study aims to assess the current state of operations research within the context of the unique retail store operations and supply management of IKEA. Retail operations management requires an understanding of merchandising, logistics and cost control in order to move items from stores or production facilities into the hands of consumers. To tackle with any problem in a manufacturing company like IKEA, an appreciation of the problem is required which requires a clear conception of the function of retailing and how retailing requires operations research and management. It is the function of retailing to provide focal points in which the general public, as consumers, can satisfy their needs, wants and desires. These focal points that we are referring to, cover a wide variety of different types ranging from the market stall to the “universal provider”, which is what IKEA is, universal provider of furniture mainly and several other house-related products as well. They include a range of methods varying from complete “self-service” to highly organised system of credit, after sales service and sometimes even of manufacture of goods to meet special requirements. This study analyses how IKEA has successfully innovated and implemented the tools of operations research. This paper also provides empirical findings and application of relevant theories that will help readers to really understand how the company operates and what relevant theories it applies.

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"Application Of Operation Research In Ikea", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 10, page no.267-274, October-2018, Available :http://www.jetir.org/papers/JETIR1810591.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Application Of Operation Research In Ikea", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 10, page no. pp267-274, October-2018, Available at : http://www.jetir.org/papers/JETIR1810591.pdf

Publication Details

Published Paper ID: JETIR1810591
Registration ID: 189999
Published In: Volume 5 | Issue 10 | Year October-2018
DOI (Digital Object Identifier):
Page No: 267-274
Country: Mumbai, Maharashta, India .
Area: Commerce
ISSN Number: 2349-5162
Publisher: IJ Publication


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