SOLUTION OF LPP USING SIMPLEX METHOD : MATHEMATICS FOR ECONOMISTS III
In our lecture two, we were able to see how a LPP can be solved using the graphical method. In this lecture we will learn how to a LPP can be solved using the simplex method. Steps • Formulate the problem in the standard way. • Convert the inequalities into equations through the addition of a slack variable if the inequality is of a less than type (≤). • A slack variable represents unused capacity in the constraint. E.g. 4X1+6X2≤180 Labour hours constraint 4X1+6X2 + S1 =180 S1= unused capacitY
Geschreven voor
- Instelling
- Yale University
- Vak
- ECONOMICS : MATHEMATICS FOR ECONOMISTS III
Documentinformatie
- Geüpload op
- 17 augustus 2021
- Aantal pagina's
- 14
- Geschreven in
- 2021/2022
- Type
- College aantekeningen
- Docent(en)
- Professor ndii
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- Alle colleges
Onderwerpen
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solution of lpp using simplex method