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  2. Transportation theory (mathematics) - Wikipedia

    en.wikipedia.org/wiki/Transportation_theory...

    In mathematics and economics, transportation theory or transport theory is a name given to the study of optimal transportation and allocation of resources. The problem was formalized by the French mathematician Gaspard Monge in 1781. [1] In the 1920s A.N. Tolstoi was one of the first to study the transportation problem mathematically.

  3. Network simplex algorithm - Wikipedia

    en.wikipedia.org/wiki/Network_simplex_algorithm

    For a long time, the existence of a provably efficient network simplex algorithm was one of the major open problems in complexity theory, even though efficient-in-practice versions were available. In 1995 Orlin provided the first polynomial algorithm with runtime of O ( V 2 E log ⁡ ( V C ) ) {\displaystyle O(V^{2}E\log(VC))} where C ...

  4. Minimum-cost flow problem - Wikipedia

    en.wikipedia.org/wiki/Minimum-cost_flow_problem

    The minimum-cost flow problem (MCFP) is an optimization and decision problem to find the cheapest possible way of sending a certain amount of flow through a flow network.A typical application of this problem involves finding the best delivery route from a factory to a warehouse where the road network has some capacity and cost associated.

  5. Vehicle routing problem - Wikipedia

    en.wikipedia.org/wiki/Vehicle_routing_problem

    There are many methods to solve vehicle routing problems manually. For example, optimum routing is a big efficiency issue for forklifts in large warehouses. Some of the manual methods to decide upon the most efficient route are: Largest gap, S-shape, Aisle-by-aisle, Combined and Combined +.

  6. Travelling salesman problem - Wikipedia

    en.wikipedia.org/wiki/Travelling_salesman_problem

    Another related problem is the bottleneck travelling salesman problem: Find a Hamiltonian cycle in a weighted graph with the minimal weight of the weightiest edge. A real-world example is avoiding narrow streets with big buses. [15] The problem is of considerable practical importance, apart from evident transportation and logistics areas.

  7. Transshipment problem - Wikipedia

    en.wikipedia.org/wiki/Transshipment_problem

    Transshipment problems form a subgroup of transportation problems, where transshipment is allowed. In transshipment, transportation may or must go through intermediate nodes, possibly changing modes of transport. The Transshipment problem has its origins in medieval times [dubious – discuss] when trading started to become a mass phenomenon ...

  8. Here’s the One Piece of Financial Advice Elon Musk ... - AOL

    www.aol.com/one-piece-financial-advice-elon...

    “All of Musk’s companies have solved real-world problems, be it in finance, transportation or communications,” Stranger said. ... Musk’s ultimate goal is to solve problems better than ...

  9. Flow network - Wikipedia

    en.wikipedia.org/wiki/Flow_network

    Maximum flow problems can be solved in polynomial time with various algorithms (see table). The max-flow min-cut theorem states that finding a maximal network flow is equivalent to finding a cut of minimum capacity that separates the source and the sink, where a cut is the division of vertices such that the source is in one division and the ...