Lecture

Networks: Supply and Demand

Description

This lecture explains the concepts of supply and demand in network theory, using examples from logistics to illustrate how nodes inject and absorb flows. The instructor defines divergence as the difference between total outgoing and incoming flows at a node, categorizing nodes as supply, demand, or transiting based on the sign of their divergence. The lecture concludes with a discussion on circulation, where all nodes have a divergence of zero, indicating flow balance throughout the network.

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