New Scientist takes a look at the simplex algorithm, now over 60 years old, which is used by everyone from fruit suppliers to banks to make decisions about non-linear problems with so many ...

The death of mathematician George Dantzig is a scientific watershed. Dantzig developed "linear programming" and the simplex method, used to solve complex efficiency problems for large ...

YOU MIGHT not have heard of the algorithm that runs the world. Few people have, though it can determine much that goes on in our day-to-day lives: the food we have to eat, our schedule at ...

Since the 1970s, several authors have studied the structure of the set partitioning polytope and proposed adaptations of the simplex algorithm that find an optimal solution via a sequence of basic ...

The mission to improve the widely used simplex-method algorithm showed instead why it works so well.

The paper presents a method for solving the linear programming problems, which is itself a step towards the generalization of the classical Simlex Method. It replaces two basic variables by two ...

George Bernard Dantzig, a Stanford University mathematics professor for three decades whose groundbreaking Simplex Algorithm has been used by industry to find the most efficient means to ...

Pricing Partners, the independent valuation expert and a world leader in mathematical models and analytics for derivatives and structured products, announced today that Simplex, a new optimization ...