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From applications perspective, mathematical therefore linear programming optimization
tool which allows rationalization many managerial technological decisions required
contemporary techno socio economic applications important factor applicability mathematical programming methodology
various application contexts computational tractability resulting analytical
models under advent modern computing technology tractability requirement
translates existence effective efficient algorithmic procedures
able provide systematic fast solution these models linear programming problems
simplex algorithm discussed later text
provides powerful computational tool able provide fast solutions very
large-scale applications sometimes including hundreds thousands of variables decision
factors fact simplex algorithm one first mathematical programming algorithms developed
its subsequent successful implementation series applications
significantly contributed acceptance broader field operations research scientific approach
decision making
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