Explain the Travelling Salesperson Problem with Examples

question 32

Essay

Explain the travelling salesperson problem with examples.

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Definitions:

Bundling

The practice of selling multiple products or services together as a combined package, often at a discounted price.

Cross-selling

The strategy of selling additional products or services to an existing customer based on their previous purchases.

Downselling

A sales strategy where a seller offers a more affordable or lesser alternative to a product the customer initially showed interest in.

Upselling

A sales technique where a seller induces the customer to purchase more expensive items or add-ons for an upgrade.