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Which of the following is not recommended to protect against hardware failure?
Lost Sales
The potential revenue that a company misses out on due to stockouts, inability to meet demand, or customer decisions to buy elsewhere.
Inventory Cost
Refers to the total cost associated with holding and managing inventory, including storage, insurance, taxes, spoilage, and obsolescence costs.
Managerial Activities
The range of tasks and responsibilities undertaken by managers to plan, organize, lead, and control operations within an organization.
Logistics Systems
Complex networks involving the movement and storage of goods, information, and services from origin to consumption.
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