Examlex
In situations in which an information exchange is interrupted due to a fault somewhere in the system,________ techniques are needed to either resume activity at the point of interruption or to restore systems to their state prior to the beginning of the exchange.
Geographical Location
The specific physical place where a company is situated, which can significantly impact its operations and market reach.
Just-In-Time (JIT)
An inventory management strategy where materials and products are produced or acquired only as needed for immediate use, reducing waste and inventory costs.
Holding Inventory
The process of keeping stock of goods or materials on hand to protect against fluctuations in demand or supply.
Order Level Cost
The cost associated with maintaining inventory at a specified level, often including ordering and holding costs.
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