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COGNITIVE ASSESSMENT Which of the following terms is used to describe a program that hides in a computer and allows someone from a remote location to take full control of the computer?
Stockout
A situation where the demand for a product exceeds the available supply, resulting in an inability to fulfill customer orders.
Sales Distribution
The process and system by which a company gets its products or services to its customers efficiently.
Optimal Order Size
The quantity of inventory that minimizes the total costs associated with ordering and holding inventory, often calculated using the Economic Order Quantity model.
Annual Inventory Cost
The total costs associated with holding and managing inventory over a year, including costs related to storage, insurance, and obsolescence.
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