How lucky my sister was for waking me up at the middle at the night to teach her the simplex method, in the matrix way for her exam in a few hours. How luckier I am, it is one of the class topics we were about to discuss allowing me to recall on some things.
Here is a simple maximization problem from her book. All we needed to do after the first table is to make the 2 x 2 matrix on the upper left an identity matrix and the last 1 x 2 matrix on the lower left, zeroes. Remember that these are equations so the "elimination via matrix" is applied.
Minimization
For minimization problems, a little tweaking is needed. Example, if you are given
min z=0.15x1+0.12x2
with constraints
60x1+60x2≥30012x1+6x2≥3610x1+30x2≥90
then we have the matrix
[6060⋮300126⋮361030⋮90⋯⋯⋮⋯0.150.12⋮0]
The transpose of this matrix will give you a maximization problem and the rest of the process is the same as earlier.
Application - Simplex method Application varies from business to business and are commonly used.
Links for more info is provided below:
http://pages.intnet.mu/cueboy/education/notes/algebra/simplex.htm
http://college.cengage.com/mathematics/larson/elementary_linear/5e/students/ch08-10/chap_9_3.pdf
http://college.cengage.com/mathematics/larson/elementary_linear/5e/students/ch08-10/chap_9_4.pdf
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