Draw the Network Representation of the Following Network Flow Problem

question 54

Essay

Draw the network representation of the following network flow problem.
MIN: ^{5 X}₁₂ ^{+ 3 X}₁₃ ^{+ 2 X}₁₄ ^{+ 3 X}₂₄ ^{+ 2 X}₃₄
Subject to: ^−X₁₂ ^{− X}₁₃ ^{− X}₁₄ ^{= −10}
X₁₂ − X₂₄ = 2 X₁₃ − X₃₄ = 3
X₁₄ + X₂₄ + X₃₄ = 5
X_ij ≥ 0 for all i and j

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Definitions:

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, usually a fiscal quarter or year, to calculate net income.

Adjusting Entry

A journal entry made in accounting records at the end of an accounting period to allocate income and expenditure to the correct period.

Net Income

The net earnings of a company, calculated by deducting all operating costs and taxes from the total income.

Adjusting Entries

Entries recorded in the journals at the conclusion of a fiscal period to distribute revenues and costs to the timeframe in which they genuinely took place.