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Pro-Carpet company manufactures carpets in Northwest Indiana and delivers them to warehouses and retail outlets. The network diagram given in the figure below shows the possible routes and travel times (in minutes) from the carpet plant to the various warehouses or retail outlets.
V = Valparaiso, P=Portage, G=Gary, Ha=Hammond, Hi=Highland, M = Merillville, L = Lansing
-Determine the shortest route for a carpet delivery truck from the carpet plant in Valparaiso, Indiana, to warehouses in Hammond, Gary, and Merillville. State the total completion time in minutes or each route
Demand
The desire to own goods or services combined with the ability and willingness to pay for them.
Demand Curve
A curve on a graph that exhibits the quantity of a good that consumers are prepared to buy at different prices.
Income
Regular earnings from employment or investment returns.
Product
An item that is created through a process and is offered for sale to consumers in the market.
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