simplex method for solving linear programs
Published in The New Palgrave Dictionary of Economics • Apr 25, 2008
Authors:
George B. Dantzig
Abstract
The simplex method is used to solve linear programming problems based on pivoting from one iteration to the next. Invented by George Dantzig in 1947, it can be stated in 20 or so instructions for a computer. Commercial codes based on the simplex method, however, usually involve thousands of instruct...
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