WSEAS Transactions on Business and Economics
Print ISSN: 1109-9526, E-ISSN: 2224-2899
Volume 21, 2024
Application of the Simplex Method in the Production of Communication Modules
Authors: Tatjana Stanivuk, Goran Kovačević, Maja Čović, Matko Maleš
Abstract: This paper aims to highlight the important role of operations research, particularly the simplex method, in solving everyday problems. To this end, a specific linear programming problem is considered in the paper. The problem will be solved using the simplex method. After solving the problem, some useful conclusions will be drawn. The following two sections provide an overview of interesting ideas for future research in linear programming and the simplex method. The contribution of this paper is then compared with the contributions of some similar studies. Finally, the study concludes with its conclusion.
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Keywords: operations research, linear programming, simplex method, optimal basic solution, optimal solution, applications, future research
Pages: 1672-1676
DOI: 10.37394/23207.2024.21.136
WSEAS Transactions on Business and Economics, ISSN / E-ISSN: 1109-9526 / 2224-2899, Volume 21, 2024, Art. #136