# Archivo de Etiquetas (Tags) | operations research

## 10 Things You need to know about Simplex Method

The Simplex Method was developed by George Dantzing in 1947. It is without a doubt the most popular algorithm when it comes to solving a Linear Programming (LP) model, and it plays a major role in the introduction to Operations Research (OR). Today we’re presenting a summary of 10 main concepts about the use and […]

## How to Solve a Linear Programming model with Dual Simplex Method

The Dual Simplex Method offers an alternative when solving Linear Programming (LP) models with algorithms. This method may be used in particular when the standard way to carry a linear programming model is not available from an initial basic feasible solution. Consider the following LP problem to illustrate the application of the Dual Simplex Method: […]

## Fundamental Theorem of Linear Programming and its Properties

In this following article we will address properties set by the Fundamental Theorem of Linear Programming through a conceptual discussion and practical and simple examples. These properties are essential when taking into consideration algorithmic resolutions of this kind of mathematical optimization models, among them is what we call the Simplex Method. Every Linear Programming (LP) […]

## Formulating and Solving a Capacity Allocation Problem of a Plane

The passenger transport industry faces the problem of determining how to efficiently allocate transportation capacity when offering different prices or fees to their customers for a specific route. This is why they must consider sales revenues associated with each type of rate, estimated customer demand for such fees and the capacity of the transport in […]