COMM-5022EL Chapter Notes - Chapter 6: The Alternate Routes, Carrying Cost, Linear Programming
1 Mar 2018
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In general, supply chains are designed to satisfy customer demand for a product at minimum cost . Supply chain the set of all interconnected resources involved in producing and distributing a product. Those that control the supply chain must make decisions such as where to produce the product, how much should be produced, and where it should be sent. It can be formulated and solved as a linear program by including a variable for each arc and a constraint for each node. Network a graphical representation of a problem consisting of numbered circles (nodes) interconnected by a series of lines (arcs) and functions associated with the arcs and/or nodes (ex. costs, supplies, demands, etc. ) Arcs the lines connecting the nodes in a network; arrowheads show the direction of the flow. Nodes the intersection or junction points of a network ex. Foster generators has a product that must be transported from three plants to four distribution centres.
