Exhibit 5-3
Steve the Auto Parts Salesman Is Trying to Navigate

question 26

Essay

Exhibit 5-3
Steve the auto parts salesman is trying to navigate his way between the rural west Texas towns of Jonestown and Upland. The possible routes for this trip are shown below, along with the mileage along each route.
$\begin{array}{lrcc}\text { Origin } & & \text { Destination } & \text { Distance (miles) } \\\text { Jonestown } & \text { to } & \text { Haleyville } & 25 \\\text { Jonestown } & \text { to } & \text { Krickburg } & 55 \\\text { Jonestown } & \text { to } & \text { Karn City } & 35 \\\text { Haleyville } & \text { to } & \text { Mart } & 50 \\\text { Haleyville } & \text { to } & \text { Krickburg } & 25 \\\text { Haleyville } & \text { to } & \text { Karn City } & 30 \\\text { Karn City } & \text { to } & \text { Mart } & 50 \\\text { Karn City } & \text { to } & \text { Baker } & 65 \\\text { Krickburg } & \text { to } & \text { Karn City } & 20 \\\text { Krickburg } & \text { to } & \text { Baker } & 30 \\\text { Krickburg } & \text { to } & \text { Mart } & 45 \\\text { Mart } & \text { to } & \text { Baker } & 20 \\\text { Mart } & \text { to } & \text { Upland } & 40 \\\text { Baker } & \text { to } & \text { Upland } & 30\end{array}$
-Refer to Exhibit 5-3.Implement the appropriate model in Solver and determine the shortest path for Steve.How many total miles will he travel on his trip

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Definitions:

Inventory Item

An inventory item refers to any goods or merchandise kept on hand by a business for the purpose of resale to customers.

Physical Inventory

A count of all inventory a business physically has in its possession at a specific point in time.

Income Statement

A financial statement that shows a company's revenues, expenses, and net income or loss over a specific period of time, providing insight into its profitability.

Inventory Turnover Ratio

A metric indicating how often a company sells and replaces its stock of goods during a particular period.