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In the above figure, the normally open contact of float FS1 is used to prevent the ____________________ from energizing unless the tank is full of water.
Volume Products
Products that are produced or sold in large quantities, often benefiting from economies of scale in production and distribution.
Demand Uncertainty
The unpredictability in the quantity and timing of customer demand for a product or service.
Flexible Source
A supply chain strategy that allows for the procurement of goods and services from multiple suppliers, enhancing adaptability and reducing dependency on single sources.
Forecast Accuracy
The degree to which a prediction or estimate corresponds to actual outcomes, often measured in the context of demand planning and supply chain management.
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