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simplex method

noun, Mathematics
a numerical method for solving problems in linear programming. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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simplex method in Technology
An algorithm for solving the classical linear programming problem; developed by George B. Dantzig in 1947.
The simplex method is an iterative procedure, solving a system of linear equations in each of its steps, and stopping when either the optimum is reached, or the solution proves infeasible. The basic method remained pretty much the same over the years, though there were many refinements targeted at improving performance (eg. using sparse matrix techniques), numerical accuracy and stability, as well as solving special classes of problems, such as mixed-integer programming.
The Free On-line Dictionary of Computing, © Denis Howe 2010
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