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.
2
Q
The development of the Simplex Method computations is facilitated by imposing two requirements on the Linear Programming Model, such as:
A
- All the constraints are equations with non negative right-hand side.
- All the variables are nonnegative.
3
Q
This method always starts at the origin where all the decisions variables are zero.
A
The Simplex Method.
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.