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Consider a minimal spanning tree problem in which pipe must be laid to connect sprinklers on a golf course.When represented with a network,
Supplier Evaluation Process
A systematic approach to appraising and scoring suppliers based on their performance, reliability, quality, and capability to meet requirements.
Evaluation Criteria
The standards or benchmarks used to assess the quality, performance, or suitability of a product, service, or supplier.
Unilateral Price Increase
A decision made by one party, usually the seller, to raise prices without the agreement or negotiation with the buyer.
Crunch
A critical situation or period characterized by a shortage or pressured demand for certain resources, often leading to difficult decision-making.
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