BUS 660 Topic 5 Discussions GCU
BUS 660 Topic 5 Discussions GCU
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BUS 660 Topic 5 DQ 1
Models that pertain to the distribution of a resource
within supply chains are often referred to as networks. Distribution among
these networks is key to the success of a business while also keeping cost
production at a minimum. Discuss at least three ways that linear optimization
models can be applied to both physical as well as abstract network problems to
increase efficiency in supply chain management.
BUS 660 Topic 5 DQ 2
Solving shortest-route problems enables a business
organization to use their resources more efficiently and minimize expenditures,
thereby increasing overall production and profit. Consider the business or
industry in which you work. What is a process that could be improved by the
application of a shortest route linear programming model? How would this model
improve production, profit, and/or efficiency?
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