1. What is the difference between dependent and independent demand?

1. What is the difference between dependent and independent
demand?

Question Posted / elton831

3 Answers
27385 Views
I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

1. What is the difference between dependent and independent demand? ..

An independent demand is a demand that is not based on the
demand for another item while a dependent demand is based on
the demand for another item.
For example, the demand for chairs of a table and the table
itself is based on the demand for the table. The table in
this example is the item with independent demand. Knowing
this, one can forecast an independent demand while dependent
demands are calculated based on the independent demand item.
Business to business independent demands tend to be demands
for such items as capital goods, office supplies, MRO
(maintenance, repair, and operating) items, and anything
else for which the dependency is unknown. Independent
demands are usually handled with standalone purchase orders,
although some items might be covered by contractual
relationships such as volume, price and other agreements.

Is This Answer Correct ?

27 Yes

5 No

1. What is the difference between dependent and independent demand? ..

Answer / tenywa sudi

Dependent demand is the demand for items basing on the
demand of other items,whereas independent demand does not
depend on the demand for other items.

Is This Answer Correct ?

10 Yes

1 No

1. What is the difference between dependent and independent demand? ..

Answer / tesfaye adisu

dependent demand is based on the demand for another item
while independent is not

Is This Answer Correct ?

9 Yes

2 No

Post New Answer

More Business Administration Interview Questions

why you done mba in finance

0 Answers NBP,

what is the basic means of SAP/SAP-SD

11 Answers KBR, Ramco, SAP Labs, Wipro,

Imagine that you are appointed as the manager of a reputed company.How will you plan the various activities in your organization ?

0 Answers NIBM,

why you want do business administration and management in Us?

0 Answers

. How do you analyse Inventory Shrinkages?

0 Answers

is formation of new company is statutory in process of amalgamation?

1 Answers

a depository bank is held where either in company's exist country or foreign country and how depository work with investor and how investor has to pay share price. please reply me quick because tomorrow my presentation so please........... alok

0 Answers

how will you supervises an NGO project

0 Answers NGO, Pradan,

Being a HRM how will you formulate an effective HRP process.

0 Answers NIBM,

why do u choose MBA after B.Sc.

0 Answers Deloitte, Federal Bank, Waterleaf Consultants,

What are two questions that an owner might be able to answer by looking at accounting information?

0 Answers Tata Steel Limited,

what will be salery for a per who complet bba in a university

0 Answers eSeva,

For more Business Administration Interview Questions Click Here