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A simulation alternative to simplex algorithm

Author(s)
P. Malekzadeh Department of Statistics, University of Pune, Pune, INDIA
S. D. Gore Department of Statistics, University of Pune, Pune, INDIA
P. Malekzadeh Department of Statistics, University of Semnan, Semnan, IRAN
Abstract
Linear programming problems (LPPs) are common in industrial and business applications. Even though simplex is the most popular and hence commonly used algorithms for solving LPPs, it suffers from high computational complexity. This paper suggests a simulation-based alternative to simplex. A few case studies are reported to indicate that the new simulation-based approach is both simple and fast. Efficiency of the new method is compared and is found to be reasonable.
Publication Details
Page(s) 65-74
DOI DOI not available
Published Journal: Pakistan Journal of Statistics, Volume: 27, Issue: 1, Year: 2011

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