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Everything about Minimum-cost flow problem

Mathematical optimization 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. The minimum cost flow problem is one of the most fundamental among all flow and circulation problems because most other such problems can be cast as a minimum cost flow problem and also that it can be solved efficiently using the network simplex algorithm. Wikipedia →

🧭 Start here: a 6-step reading path

  1. Read the overview: Minimum-cost flow problemA 5-minute orientation
  2. Skim a recent paper: A survey on exact algorithms for the maximum flow and minimum‐cost flow problemsInfluential work since 2022
  3. Pick up a classic book: The personal MBAThe most-reprinted book on the subject
  4. Read the landmark paper: Nonlinear fixed charge transportation problem by minimum cost flow-based genetic algorithmCited 64 times
  5. Go sideways: Maximum flow problemA closely related topic
  6. Go sideways: Network simplex algorithmA closely related topic

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