The holographic entropy cone (HEC) is a polyhedral cone first introduced in the study of a class of quantum entropy inequalities. It admits a graph-theoretic description in terms of minimum cuts in weighted graphs, a characterization which naturally generalizes the cut function for complete graphs. Unfortunately, no complete facet or extreme-ray representation of the HEC is known. In this work, starting from a purely graph-theoretic perspective, we develop a theoretical and computational foundation for the HEC. The paper is self-contained, giving new proofs of known results and proving several new results as well. These are also used to develop two systematic approaches for finding the facets and extreme rays of the HEC, which we illustrate by recomputing the HEC on $5$ terminals and improving its graph description. We also report on some partial results for $6$ terminals. Some interesting open problems are stated throughout.
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