Professional Documents
Culture Documents
by Chaiho Kim
Review by: Michael H. Wagner
The Journal of Business, Vol. 46, No. 3 (Jul., 1973), pp. 480-481
Published by: The University of Chicago Press
Stable URL: http://www.jstor.org/stable/2351405 .
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and with nearly all of the algorithmsin the book, the steps are summarized
in both a list format and a flowchart. The algorithm is illustratedwith an
exampleproblem accompaniedby economic interpretationat each step.
The simplex tableau and the rules for its transformationare presented
in chapter 6. It is at this point that the advantage of viewing the method
as a sequence of row operations would be clear, for the author is forced
to present separate rules for transforming each of the separate types of
elements in the simplex tableau. The Big M and Two-Phase Methods for
artificialvariablesare also discussed in the chapter.
Duality, complementaryslackness, and the dual simplex method are
treated in chapter 7. The discussion of the economic interpretationsof
duality is lucid and quite extensive. The chapter as a whole is one of the
outstanding features of the book. Sensitivity analysis and parametricpro-
grammingare the subjectsof chapters8 and 9, respectively.In both cases the
treatment is complete and detailed. Some original work by the author on
parametrizationof an activity vector is included.
The decompositionprincipleis the subjectof chapter 10. As in chapter
7, economic interpretationis effectively stressed.The developmentis slightly
hamperedby the fact that the student has not yet been presentedwith the
revised simplex method. On the other hand, as intended by the author, the
chapter is accessible to students who will not study the revised simplex
method. In chapter 11, the revised simplex method is discussed.The method
is not well motivated,for the central role of basis inverse is not emphasized
in a preview of the method. Thus, in my opinion, the chapter is somewhat
needlessly difficult.
Other variants of the simplex method, including the perturbation
method for avoiding degeneracy,proceduresfor bounded variables,and the
composite simplex method, are presentedin chapter 12. Transportationand
transshipmentproblems and solution techniquesare discussed in chapter 13.
The Steppingstone,Modi, and Vogel's approximationmethods are treated
and the procedurefor transformingtransshipmentproblems into transporta-
tion problemspointed out. The book concludes with a fairly extensive bibli-
ography of books and articles dealing with theory and applications.
This book is strongly recommendedfor students whose mathematical
backgroundis currentlylimited but who can reasonablybe expected to have
future use for a backgroundin linear algebra. The extent of coverage and
degree of rigor are such that the student will be well placed for further
study in mathematicalprogramming.On occasion, the instructor must be
preparedto supply overviews of the material about to be pursued, but the
book on the whole is very good in supplyingmotivation for and explanation
of the particulars. Students who wish to understand linear programming
only to the extent that they can use it effectively can find easier treatments
of the subject.
MICHAEL H. WAGNER
New York University