I have the following code which draws a tikzpicture.
\documentclass{article}
\usepackage{tikz}
\begin{document}
\begin{tikzpicture}
\usepgflibrary{shapes.arrows}
\tikzstyle{every node}=[align=center,text=black, ultra thick]
% All the Labels on the Edges
\draw (11,-0.65) node {$\frac{1}{4}.x$};
\draw (11,-1.35) node {(1)};
\draw (2.25,-0.65) node {4.x};
\draw (2.25,-1.35) node {(8)};
\draw (6.45,-7.75) node {1};
\draw (6.45,-8.35) node {(2)};
\draw (10.15,-5.5) node {$\frac{1}{4}.x$};
\draw (10.85,-5.5) node {(4)};
\draw (12.15,-4.75) node {$\frac{1}{x}$};
\draw (12.85,-4.75) node {(4)};
% All the Nodes
\draw (0,0) node[minimum height=3.5 cm,minimum width=2.4cm,draw,ultra thick, text width=2cm,font=\large] {A \\300.x};
\draw (4.5,0.5) node[minimum height=2cm,minimum width=1 cm,draw, ultra thick, text width=2cm,font=\large] {$Fetch_L$\\150};
\draw (4.5,-2.5) node[minimum height=2cm,minimum width=1 cm,draw,ultra thick, text width=2cm,font=\large] {$CINT_L$\\130};
\draw (8.5,-1.0) node[minimum height=2cm,minimum width=1 cm,draw,ultra thick, text width=2cm,font=\large] {$DINT_L$\\100};
\draw (0,-5.0) node[minimum height=2cm,minimum width=1 cm,draw,ultra thick, text width=2cm,font=\large] {$BINTS-Split$\\40};
\draw (8.5,-5.0) node[minimum height=2cm,minimum width=1 cm,draw,ultra thick, text width=2cm,font=\large] {$Md_C$\\200};
\draw (4.5,-8.0) node[minimum height=2cm,minimum width=1 cm,draw,ultra thick, text width=2cm,font=\large] {$IDg_C$\\260};
\draw (8.5,-8.0) node[minimum height=2cm,minimum width=1 cm,draw,ultra thick, text width=2cm,font=\large] {$USCA$\\40};
\draw (12.5,-6.5) node[minimum height=2cm,minimum width=1 cm,draw,ultra thick, text width=2cm,font=\large] {$C-Join$\\30};
\draw (12.5,-3.0) node[minimum height=2cm,minimum width=1 cm,draw,ultra thick, text width=2cm,font=\large] {$CMix$\\680.x};
% All the Arrows
\draw [->, ultra thick] (1.25,0.5) -- (3.35,0.5);
\draw [->, ultra thick] (1.25,-0.95) -- (4.35,-0.95) -- (4.35,-1.45);
\draw [->, ultra thick] (5.65,0.50) -- (8.50,0.5) -- (8.5,0.05);
\draw [->, ultra thick] (5.65,-2.50) -- (8.50,-2.5) -- (8.5,-2.05);
\draw [->, ultra thick] (9.65,-1) -- (12.50,-1) -- (12.5,-2.0);
\draw [->, ultra thick] (0.0,-1.75) -- (0.0,-4);
\draw [->, ultra thick] (1.15,-5) -- (7.35,-5);
\draw [->, ultra thick] (5.65,-8) -- (7.35,-8);
\draw [->, ultra thick] (0,-6) -- (0,-8) -- (3.35,-8);
\draw [->, ultra thick] (8.65,-7) -- (8.65,-6);
\draw [->, ultra thick] (9.65,-5) -- (10.5,-5) -- (10.5,-6.5) -- (11.35, -6.5);
\draw [->, ultra thick] (12.5,-5.5) -- (12.5,-4);
\end{tikzpicture}
\end{document}
The output looks like this:

My problem is that I don't want to hard code the values in order to make it easier to change some entries if desired. I tried to refer to the examples given in the gallery. However, the examples do not give me accurate placement of nodes like the one given in the output above. My question is thus: is it possible to not use the hard coded values and still obtain a output like this?

\draw[<opt>] (<name>) at (<coordinate>) {<text>};) and then use(<name>)to refer to the nodes. You can even use that name for those lines. Take a look at the-|/|-path-operators. Additionally, you can use custom styles to have a short-cut for often-used styles (text width, minimum sizes, etc.) For placement, take a look at thepositioningand thematrixlibrary/styles. – Qrrbrbirlbel Jan 3 at 17:33+and++) andto path. On that node: This is a great question as it delves into many (basic) TikZ things, but it is a bad MWE as everyone who’s not you does not get a general idea what is connected with what and how. Can you shorten your code to a few simple examples? – Qrrbrbirlbel Jan 3 at 17:42