Examlex
A geographic information system is only used to help prevent salespeople from getting lost in strange territories.
Contractor Selection
The process of evaluating and choosing the most suitable contractor for a specific project based on criteria like price, quality, and reliability.
Linear Programming
A mathematical technique used for allocation of scarce resources to various operations with the goal of optimizing a certain objective function, typically profit or cost.
Multiple Products
Refers to a business strategy or operational situation where a company offers more than one distinct product or service in its portfolio.
One Product
Refers to a manufacturing or business strategy focused on producing and selling a single type of product.
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