Among these techniques, the simplex method is a popular linear programming algorithm that optimizes a linear objective function, subject to linear equality and inequality constraints.

Richard R. Nelson, Degeneracy in Linear Programming: A Simple Geometric Interpretation, The Review of Economics and Statistics, Vol. 39, No. 4 (Nov., 1957), pp. 402-407 ...

We introduce a fast stepwise regression method, called the orthogonal greedy algorithm (OGA), that selects input variables to enter a p-dimensional linear regression model (with p ≫ n, the sample size ...

Otherwise, we proceed to employ the projected subgradient method, with the sublinear rate of convergence, to obtain the MR estimator. Notably, the main challenges stem from some non-convex problems ...

Inventory management is the process of ordering, storing, using, and selling a company's inventory, including raw materials, components, and finished products. Learn about the different methods of ...