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Consider the network below.Formulate the LP for finding the shortest-route path from node 1 to node 7.
Unit Sales
The quantity of items sold by a company, not taking into account the revenue from these sales.
Traceable Fixed Expense
A fixed expense that can be directly associated with a specific business segment or product.
Price Reduction
A decrease in the selling price of products or services, typically to attract customers or move excess inventory.
Sales Forecast
An estimate of future sales figures based on historical sales data, analysis of market surveys, and trends.
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