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Minimum Cost Flow Problem
The problem of finding the cheapest way to send flow from supply nodes to demand nodes while respecting capacities.
Steps to Solve Min Cost Flow
Identify node types → Set flow variables → Add balance constraints → Add capacity constraints → Minimize total cost.
Supply Node
A node with positive net flow; sends units.
Demand Node
A node with negative net flow; requires units.
Transshipment Node
A node with zero net flow; only passes flow through.
Negative Net Flow
Indicates a demand node.
Five Types of Network Problems
Shortest Path, Maximum Flow, Minimum Cost Flow, Assignment, Transportation.
When to Use Min Cost Flow
Use when you have supplies, demands, and shipping costs.
When to Use Max Flow
Use when the goal is to maximize flow from one source to a sink.
Transportation Problem
Problem that sends goods from one source to many destinations at minimum cost.
Counting Supply Nodes
Count all nodes with positive net flow.
Counting Arcs
Count each listed connection from one node to another.
Assumptions of Min Cost Flow
Known costs, known capacities, linear costs, balanced network, flows follow arc direction.
Decreasing Marginal Returns
A situation where each additional unit of input adds less output; slope gets smaller over time.
Decreasing Marginal Returns Rule
If each segment gets flatter, the graph shows decreasing marginal returns.
Piecewise Linearity
A graph made up of multiple straight-line segments with different slopes.
Piecewise Linearity Rule
If the graph is multiple straight pieces, it is piecewise linear.
Discontinuity
A graph with breaks, jumps, or segments that do not touch.
Discontinuity Rule
If pieces do NOT touch, the graph is discontinuous.
Continuity Rule
If pieces DO touch, there is no discontinuity.
Recognizing Diminishing Returns
Look for a curve that flattens OR straight segments where the slope decreases.
Proportional Relationship
A straight line through the origin (y = mx).
Non-Proportional Relationship
A line not through the origin OR any curved relationship.
Nonlinear Model
A model where output changes at a nonconstant rate; marginal effects change.
Examples of Nonlinear Models
Overtime pay, marketing diminishing returns, quadratic or exponential functions, learning curves.
False Statement About Marketing Graph
"Sales increase proportionally with spending" is false due to diminishing returns.
Triple Bottom Line
People, Planet, Profit.
People + Profit = ?
Equitable.
Sustainability
Meeting current needs without harming future generations.
Defensive CSR
Doing the minimum required to avoid trouble.
Reactive CSR
Responding only when challenged.
Accommodative CSR
Going above minimum compliance when asked.
Proactive CSR
Actively leading CSR initiatives.
Economic Dimension of TBL
Profitability, ROI, cost savings.
Environmental Dimension of TBL
Emissions, waste, resource use.
Social Dimension of TBL
Employee welfare, community impact, equity.
Written Report Components
Title, Executive Summary, Introduction, Methods, Results, Conclusion, Appendix.
Where Extra Tables Go
Appendix.
Where Research Limitations Go
End of methods section.
Oral Reports
Use visuals, avoid text-heavy slides, support key points.
Bar Chart
Used to compare categories.
Column Chart
Used to compare categories.
Line Graph
Used to show trends over time.
Pie Chart
Used to show parts of a whole.
Scatterplot
Used to show relationships between two variables.
False Visualization Statement
"Use as many colors as possible."
Research Participant Rights
Confidentiality, informed consent, voluntary participation, quality research, protection from harm.
Good Report Title
Clear, concise, includes topic and purpose.
Support Materials for Reports
Use charts, tables, visuals, appendices, slides to reinforce key points.