BUS 660 Week 5 Homework plus Discussions
(BUS 660 Week 5)
BUS 660 Week 5 Linear Programming Distribution and Network Models – Homework
BUS-660 Week 5 Discussion Question 1
Models that pertain to the distribution of a resource within supply chains are often referred to as networks. Distribution among these networks is key to the success of a business while also keeping cost production at a minimum. Discuss at least three ways that linear optimization models can … to both physical as well as abstract network problems to increase efficiency in supply chain management.
BUS 660 Week 5 Discussion Question 2
Solving shortest-route problems enables a business organization to use their resources more efficiently and minimize expenditures, thereby increasing overall production and profit. Consider the business or industry in which you work. What is a process that could … by the application of a shortest route linear programming model? How would this model improve production, profit, and/or efficiency?