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SOLUTION OF LPP USING SIMPLEX METHOD : MATHEMATICS FOR ECONOMISTS III
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17-08-2021
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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
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Institution
Yale University
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- Uploaded on
- August 17, 2021
- Number of pages
- 14
- Written in
- 2021/2022
- Type
- Class notes
- Professor(s)
- Professor ndii
- Contains
- All classes
Subjects
- duality in lpp
- rules of transformation
-
economics mathematics for economists iii
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solution of lpp using simplex method
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