Examlex
Flexibility is best described as
Factor Weighting Technique
A method used in decision-making that assigns different weights to various factors or criteria according to their importance or relevance.
Supplier Selection
The process of evaluating and choosing suppliers based on criteria such as price, quality, reliability, and service to ensure the best value for the purchasing organization.
Supplier Criteria
Supplier criteria are the set standards or requirements that a company uses to evaluate and select suppliers, including quality, reliability, cost, and delivery performance.
Composite Score
An aggregate score that combines several individual metrics or scores into a single overall measurement, often used in assessments or evaluations.
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