Give example of price strategy that integrates demand

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1. A minimum-cost flow problem has 5 supply nodes, 2 transshipment nodes, and 5 demand nodes. Each supply node can ship to each transshipment node but cannot ship to any demand node or to any other supply node. Each transshipment node can ship to each demand node, but cannot ship to any supply node or to any other transshipment node. How many arcs will be included in the model?

2. Give an example of a price strategy that integrates demand, cost, and competitive criteria.

3. What do you think is more important: fewer workers with higher pay, or more workers with lower pay?

Reference no: EM132262568

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