The ______ Makes It a Federal Offense to Circumvent or Create

question 35

Multiple Choice

The ______ makes it a federal offense to circumvent or create programs to circumvent encryption devices that copyright holders place on copyrighted material to prevent unauthorized copying.

• A) CAN-SPAM Act.
• B) DMCA.
• C) EFTA.
• D) NET Act.

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Definitions:

Safety Stock

The quantity of inventory kept on hand to prevent stockouts, acting as a buffer against demand fluctuations and supply chain variability.

Ordering Cost

Expenses associated with placing orders for goods or materials, including clerical and administrative costs, transportation, and any costs related to the ordering process itself.

Holding Cost

The expenses associated with storing unsold goods or materials, including storage, insurance, and obsolescence.

Cost-Minimizing Solution

An approach in operations management aimed at finding the least expensive way to achieve a specific objective without compromising on quality.