Advantages of simplex method over graphical method
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The main advantages of simplex method is that these type of computerized methods are more easy to handle and these are much more powerful than the old graphical method and these also provides the optimal kind of solution to the results.
The method is remarkably good and it does the work in one of the best and good ways.
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The key advantages of the simplex approach are that these computerized methods are easier to use and more powerful than the traditional graphical method, and they also provide the best possible solution to the outcomes.
The strategy is very effective, and it accomplishes the task in one of the most efficient and effective methods possible.
Explanation:
- Simplex can handle any dimension, however, the graphical technique can only be utilized when two variables are in the model.
- If the corner point approach is employed, the graphical method must assess all corner points; simplex checks a smaller number of corners.
- The simplex approach can be digitized and automated.
- The simplex approach employs surplus, slack, and fake variables, but it also generates important economic data as a side effect.
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