Examlex
Which of the following kinds of backup are used by organizations such as hospitals, communications companies, and financial institutions?
General Items
Products or commodities that are basic and nondescript, typically stocked regularly.
Critical Items
Items that are essential for the production process or meet customer demands, where their absence can significantly impact operations.
Quantity Flexibility Contract
An agreement between a supplier and a customer that allows for adjustments in the purchase order quantity within certain predefined limits.
Demand Visibility
The ability of a company to forecast and respond to customer demand in a timely and accurate manner.
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