Nonlinear Optimization
The simplex method is an algorithm used for solving linear programming problems, which involve optimizing a linear objective function subject to linear equality and inequality constraints. This method systematically examines the vertices of the feasible region, which is formed by the constraints, to find the optimal solution. It efficiently navigates through potential solutions, allowing for practical applications in various fields such as economics, engineering, and logistics.
congrats on reading the definition of simplex method. now let's actually learn it.