The Simplex Method: Learning Team A
Mike Smith, Todd Jones
Math212/Introduction to Finite Mathematics
February 1, 2011

The Simplex Method: Learning Team A
Sam’s Hairbows and Accessories is a small company preparing for the next scheduled craft fair. The owners, Sam and Todd, both have full-time jobs in addition to owning the company so they are only able to spend a combined total of 80 hours labor to prepare for the fair in four weeks. Sam’s offers five main product lines: basic bows, elaborate bows, bug clips, flower clips, and headbands. Sam’s want to calculate the mix of products they should bring to the fair to maximize their potential profit. Sam’s believes it is important to give their customers a variety of products. They want every product to make up at least 10% of the total items offered for sale but no more than 30%. Sam’s also knows from past festivals, that headbands are their biggest seller and want at least 15% of their product mix to be headbands. To fill their booth, they want to take at least 400 items. The cost, selling price, and labor requirements for each product are listed in Table 1. Table 1

This problem, as outlined above, is an example of a linear programming problem. Linear programming is part of the Optimization Techniques field of Mathematics, used for resource allocation and organization. With linear programming problems, one takes the inequalities that exist within a given situation and deduces a best case scenario under those particular conditions (Stapel, 2009). One particularly effective method of solving linear programming problems is the Simplex Method. The Simplex Method was invented in 1947 by the Mathematician George B. Dantzig. One of the greatest achievements in...

...The simplexmethod is used regularly on applied problem involving thousands of variables and problem constrains (Barnett, Ziegler, & Byleen, 2011). This was the method chosen when Wintel Technologies needed to figure out the best way to utilize time and schedule for their field engineers. With a busy schedule and being needed on several different areas in the United States, the simplexmethod was brought in to decide where...

...SimplexMethod Paper
SimplexMethod Paper
Many people may be wondering exactly what the simplexmethod is. The simplexmethod definition is a method for solving linear programming problems. According to Barnett, Byleen, and Karl (2011) the simplexmethod is used routinely on applied problems involving thousands of variables and problem...

...unboundedness and degeneracy. 5. Use the simplex tables to conduct sensitivity analysis. 6. Construct the dual problem from the primal problem.
Linear Programming: The SimplexMethod
LEARNING OBJECTIVES
After completing this chapter, students will be able to: 1. Convert LP constraints to equalities with slack, surplus, and artificial variables. 2. Set up and solve LP problems with simplex tableaus. 3. Interpret the meaning of...

...of its third chapter.
Key words: linear programming; simplexmethod.
I. Fundamentals and scope
Based on a prototype example, Linear Programming is presented, as well as the simplexmethod of resolution. This method was first presented by G. B. Dantzig in 1947 [MacTutor, 2007]. The text is based on the book by Hillier and Lieberman [2005], and begins with segments of the third chapter of the book.
II. Explanation...

...and SimplexMethods of Linear Programming
The graphical method is the more popular method to use because they are easy to use and understand. Working with only a few variables at a time they allow operations managers to compare projected demand to existing capacity. The graphical method is a trial and error approach that can be easily done by a manager or even a clerical staff. Since it is trial and error though, it does...

...Unit 1 Lesson 9 : The Big M Method
Learning outcomes • The Big M Method to solve a linear programming problem.
In the previous discussions of the Simplex algorithm I have seen that the method must start with a basic feasible solution. In my examples so far, I have looked at problems that, when put into standard LP form, conveniently have an all slack starting solution. An all slack solution is only a possibility when all of the...

...USING STEPPING STONE AND MODI METHODS TO SOLVE TRANSPORTATION PROBLEMS
BY
ABDUSSALAM MUHAMMAD MUSTAPHA
09/211306009
A SEMINAR PAPER PRESENTED TO THE DEPARTMENT OF MATHEMATICS, FACULTY OF SCIENCE, USMANU DANFODIYO UNIVERSITY, SOKOTO IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF THE DEGREE OF MASTER OF SCIENCE (MATHEMATICS)
SUPERVISORY TEAM:
MAJOR SUPERVISOR: DR. U. A. ALI
CO – SUPERVISOR I: DR. I. J. UWANTA
CO – SUPERVISOR II: DR. MU’AZU...

...
Managerial Decision Modeling w/ Spreadsheets, 3e (Balakrishnan/Render/Stair)
Chapter 2 Linear Programming Models: Graphical and Computer Methods
2.1 Chapter Questions
1) Consider the following linear programming model:
Max X12 + X2 + 3X3
Subject to:
X1 + X2 ≤ 3
X1 + X2 ≤ 1
X1, X2 ≥ 0
This problem violates which of the following assumptions?
A) certainty
B) proportionality
C) divisibility
D) linearity
E) integrality
Answer: D
Page Ref: 22
Topic: Developing a Linear...

2781 Words |
17 Pages

Share this Document

Let your classmates know about this document and more at StudyMode.com

## Share this Document

Let your classmates know about this document and more at StudyMode.com