SIMPLEX METHOD Flashcards

1
Q

Is an analytical method for solving linear programming problems, capable of solving more complex models than those solved by the graphical method, without restriction on the number of variables and with a greater capacity for sensitivity analysis.

A

The Simplex Method.

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2
Q

The development of the Simplex Method computations is facilitated by imposing two requirements on the Linear Programming Model, such as:

A
  1. All the constraints are equations with non negative right-hand side.
  2. All the variables are nonnegative.
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3
Q

This method always starts at the origin where all the decisions variables are zero.

A

The Simplex Method.

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4
Q

Rather than enumerating all the basic solutions (corner points) of the Linear Programming problem, this Method investigates only a “select few” of these solution.

A

The Simplex Method.

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