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prepare a report for the following as well as describe Network flow problems and why the LP model is appropriate tool.

As a senior manager for Company A and a shipping company, you are accountable for transporting cargo in the most efficient way possible. Numerous optimizing tools are available for decision making and you have been presented with data from a linear programming (LP) model that shows the most efficient distribution routes possible. Company A is hoping to increase its operations and a small group of investors is visiting next week. You are tasked with the duty of describeing how Company A uses this information from a linear programming model to optimize its shipping.

prepare a research paper suggested length of 2-3 pages for the visiting investors that assume they have no prior understanding of transportation linear programming in which you do the following:

Describe network flow problems.

Describe why the LP model is an appropriate tool for network flow problems.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M923403

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