Operations Research Tutorial #46: Simplex Method 3_Minimization Problem Explained (Best Tutorial)
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Today I'll explain Simplex Method in Details.
Topics explained in this video-
1. How to convert inequalities to equalities
2. How to convert Minimization Type Simplex Problem to Maximization Type Simplex Problem
3. What is Objective function and how to change it
4. Slack Variables & Surplus Variables
5. Matrix form of linear equations
6. Understanding Basic Vectors & Basic Variables
7. Understanding Simplex Table ( cost of basic,RHS etc)
8. Calculating zj-cj values
8. Entering Basic,Leaving Basic,Pivot Element & Min Ratio calculations
9. Optimal solution of Objective Function
10. How to find Min Z value
That's it for now! How is the video? Let me know.
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