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Electronic Data Interchange (EDI)allows a Retailer's Computers to Communicate with the Computers

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Electronic data interchange (EDI)allows a retailer's computers to communicate with the computers of suppliers.


Definitions:

Custom Home Designs

Architecture and design plans tailored to meet the specific desires and needs of the homeowner.

Uncertainty

The state of having limited knowledge where it is impossible to exactly describe an existing state or future outcome.

Expected Monetary Value

Expected monetary value is a calculated average of possible outcomes in a decision, where each outcome is weighted according to its probability of occurrence.

Additional Information

Supplementary data or details provided to enhance understanding or context.

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