Vorlesung vom 05.04.2013

Summary

In this lecture, we learned about the SIMPLEX method for solving linear optimization problems. The goal was to understand the basic principle behind the method.

A good source for information is the book

Opens external link in new windowPractical Optimization: A Gentle Introduction

With regard to the lecture today, a good introductory approach to the simplex method can be found in

Opens external link in new windowChapter 3.

Initiates file downloadSlides of the lecture

Initiates file downloadSlides for the repetition of the Gaussion Elimination Algorithm

 

A little bit of motivation

If you are interested in the relevance of operations research in practice, have look at the website of the

Opens external link in new windowINFORMS

organisation. They offer an annual award for outstanding examples of innovative operations research that improves organizations, the

Opens external link in new windowFranz Edelmann Award

see also: http://www.scienceofbetter.org/Edelman/index.htm