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?
Suppose we have the past 60 monthly returns for a stock. A monthly return is represented as a percentage. A 10% monthly return means that