Consider the Following Shortest-Route Problem Involving Six Cities with the Distances

question 31

Essay

Consider the following shortest-route problem involving six cities with the distances given.Draw the network for this problem and formulate the LP for finding the shortest distance from City 1 to City 6.
$$\begin{array} { l c } \text { Path } & \text { Distance } \\\hline 1 \text { to } 2 & 3 \\1 \text { to } 3 & 2 \\2 \text { to } 4 & 4 \\2 \text { to } 5 & 5 \\3 \text { to } 4 & 3 \\3 \text { to } 5 & 7 \\4 \text { to } 6 & 6 \\5 \text { to } 6 & 2\end{array}$$

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Definitions:

Credit

Credit in finance represents a contractual agreement in which a borrower receives something of value now and agrees to repay the lender at a later date, often with interest.

Transaction

A financial event that changes the balance of two or more accounts.

Debt Ratio

Debt ratio is a financial ratio that measures the extent of a company's leverage by comparing its total debt to its total assets.

Total Liabilities

The combined amount of all financial obligations a company owes to external parties, recorded on the balance sheet.