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Operations Research Analysts
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.
Common Tasks
- Specify manipulative or computational methods to be applied to models.
- Observe the current system in operation and gather and analyze information about each of the parts of component problems, using a variety of sources.
- Design, conduct, and evaluate experimental operational models in cases where models cannot be developed from existing data.
- Develop and apply time and cost networks to plan, control, and review large projects.
- Develop business methods and procedures, including accounting systems, file systems, office systems, logistics systems, and production schedules.
Required Education
Bachelor's degree
Wages
In 2016 the mean hourly wage in the Greater Sacramento area was $33.40 . The hourly rate for this occupation typically paid between $12.33 and $57.62 .
In 2016 the mean annual salary in the Greater Sacramento area was $69,472.46 . The annual salary for this occupation typically paid between $25,636.23 and $119,862.32 .
Occupation Outlook
This occupation employed 900 people in the Greater Sacramento area during 2014.
By 2024, there is expected to be an increase of 33.3% in the number of jobs in the Greater Sacramento area for this occupation, bringing to total number to 1,200.
By 2024, in the Greater Sacramento area, the median hourly rate for this occupation is expected to be $31.00 with the median annual salary reaching $66,378.
