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Job Description
Formulate and apply mathematical modeling and other optimizing methods to develop and interpret information that assists management with decision making, policy formulation, or other managerial functions. May collect and analyze data and develop decision support software, service, or products. May develop and supply optimal time, cost, or logistics networks for program evaluation, review, or implementation.
Job Details
- The SOC (Standard Occupational Classification) code is 15-2031.00
- The Mean Annual Wage in the U.S. is $ 84,340.00
- The Mean Hourly Wage is $ 40.00
- Currently, there are 109,150 people on this job
☝️ Information based on the reference occupation “Operations Research Analysts”.
Also Known As…
- Operations Research Analysts
- Scientist
- Operations Research Manager
- Operations Research Group Manager
- Operations Research Analyst
- Business Insight and Analytics Manager
- Business Analytics Director
- Analytical Strategist
- Technical Analyst
- Systems Consultant
- Systems Analyst
- Supply Chain Analyst
- Standards Analyst
- SOC Analyst
- Security Operations Analyst
- Sales Operations Analyst
- Risk Analyst
- Professor
- Process Analyst
- Procedure Writer
- Procedure Analyst
- Policy Officer
- Policy Advisor
- Operations Specialist
- Operations Analyst
- Office System Analyst
- Methods Specialist
- Methods Analyst
- Method Consultant
- Material Requirements Worker
- Material Liaison
- Liaison Planner
- Forms Analyst
- File System Installer
- Decision Support Analyst
- Decision Analyst
- Business Process Analyst
- Business Operations Analyst
- Business Analyst
- Analytics Consultant
- Analyst
Tasks for “Decision Analyst”
- Formulate mathematical or simulation models of problems, relating constants and variables, restrictions, alternatives, conflicting objectives, and their numerical parameters.
- Break systems into their components, assign numerical values to each component, and examine the mathematical relationships between them.
- Define data requirements and gather and validate information, applying judgment and statistical tests.
- Design, conduct, and evaluate experimental operational models in cases where models cannot be developed from existing data.
- Study and analyze information about alternative courses of action to determine which plan will offer the best outcomes.
- Perform validation and testing of models to ensure adequacy and reformulate models as necessary.
- Develop and apply time and cost networks to plan, control, and review large projects.
- Analyze information obtained from management to conceptualize and define operational problems.
- Prepare management reports defining and evaluating problems and recommending solutions.
- Observe the current system in operation and gather and analyze information about each of the parts of component problems, using a variety of sources.
- Collaborate with others in the organization to ensure successful implementation of chosen problem solutions.
- Develop business methods and procedures, including accounting systems, file systems, office systems, logistics systems, and production schedules.
- Collaborate with senior managers and decision makers to identify and solve a variety of problems and to clarify management objectives.
- Specify manipulative or computational methods to be applied to models.
Related Technology & Tools
- Desktop computers
- Laptop computers
- Personal computers
- Mainframe computers
- R
- Hyperion Solutions Hyperion Intelligence
- General algebraic modeling system GAMS
- Dassault Systemes CATIA
- Job control language JCL
- Mathsoft Mathcad
- The MathWorks Simulink
- Wireshark
- Business Forecast Systems Forecast Pro
- Linux
- UNIX
- The MathWorks MATLAB
- Insightful S-PLUS
- Mesquite Software CSIM
- ESRI ArcGIS software
- Minitab
- Microsoft Word
- C
- iGrafx
- IBM Notes
- LINDO Systems LINGO
- MySQL
- LexisNexis
- SAP Business Objects
- Mixed integer optimizer MINTO
- Microsoft Project
- IBM Cognos Impromptu
- Sybase PowerBuilder
- Microsoft Visual Basic
- Veritas NetBackup
- Oracle Eloqua
- Wolfram Research Mathematica
- Oracle Hyperion
- Fund accounting software
- Cisco Systems IOS
- Microsoft Visio
- Oracle JD Edwards EnterpriseOne
- ESRI ArcExplorer
- Stanford Business Software SNOPT
- StataCorp Stata
- Microsoft Office
- Claritas PRIZM NE
- Strategic Reporting Systems ReportSmith
- Hewlett Packard HP-UX
- Teradata Database
- MicroStrategy
- Microsoft Access
- Qlik Tech QlikView
- Python
- Microsoft Excel
- McAfee
- SAS
- Splunk Enterprise
- Microsoft SharePoint
- Telelogic System Architect
- Microsoft SQL Server
- Tableau
- Sybase
- Rockwell Automation Arena
- Oracle Business Intelligence Enterprise Edition
- Sun Microsystems Java
- Practical extraction and reporting language Perl
- C++
- SAP
- IBM Power Systems software
- Stanford Business Software MINOS
- ProModel
- Structured query language SQL
- Extensible markup language XML
- SPSS
- Imagine That Extend OR
- SAP Crystal Reports
- ILOG OPL-CPLEX Development System
- Microsoft MapPoint
- A mathematical programming language AMPL
- Apache Pig
- Microsoft PowerPoint