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What are Examples of independent goods?
a person's demand of nails is independent of his ore her demand for bread... :D i think so this example is best you will not get it anywhere else.
What ways do independent- demand inventories?
Independent-demand inventories are influenced primarily by customer demand rather than the production schedules of related items. They can be managed through various methods, including just-in-time (JIT) inventory systems, safety stock calculations, and demand forecasting techniques. Additionally, businesses may use reorder point calculations and economic order quantity (EOQ) models to optimize inventory levels and minimize holding costs. Effective management of independent-demand inventories is crucial for ensuring product availability while controlling costs.
What is the difference between derived demand and absolute demand?
Derived demand refers to the demand for a good or service that results from the demand for another good or service, typically in a production context. For example, the demand for steel is derived from the demand for automobiles, as steel is a necessary input in their production. In contrast, absolute demand refers to the total demand for a product or service in the market, independent of the demand for other goods. Essentially, derived demand is contingent on the demand for related products, while absolute demand stands alone.
What is autonomous demand and derived demand?
demand which is demand which is depend on the purchase of the final product,its called derived demand.eg:purchase of thed fuel for the car.i.e car is the main or final product and fuel is derived product.raw material for the production of the fimal product.or machinary. autonomous demand is independent of the other product or main product.its not linked or tie-up with the other goods or commodity.eg: food artical,cloths. vijay mahajan
Distinguish between dependent and independent demand in a McDonald's restaurant in an integrated manufacturer of personal copies and in a pharmaceutical supply house?
this question doesn't make sense
What is the difference between independent-demand inventories and dependent-demand inventories?
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.
What are the types of demand?
interrelated demand joint/complement demand competitive derived composite independent
What are Examples of independent goods?
a person's demand of nails is independent of his ore her demand for bread... :D i think so this example is best you will not get it anywhere else.
What are the types of demand according to managerial economics?
1-interrelated demand 2-joint demand 3-competetive demand 4-derived 5-composite 6-independent
Why price is taken as independent?
Price is only taken as independent in demand and supply because the quantity demanded and supplied depends upon the increase or decrease in price.
Distinguish between dependent and independent demand in a McDonald's in an integrated manufacturer of copiers and in a pharmaceutical supply house?
The key to the answer here is to consider what must be forecasted (independent demand), and given the forecast, what demands are thereby created for items to meet the forecasts (dependent demand). In a McDonald's, independent demand is the demand for various items offered for sale-Big Macs, fries, etc. The demand for Egg McMuffins, for example, needs to be forecasted. Given the forecast, then, the demand for the number of eggs, cheese, Canadian bacon, muffins, and containers can then be computed based on the amount needed for each Egg McMuffin. The manufacturer of copiers is integrated, i.e., the parts, components, etc. are produced internally. The demand for the number of copiers is independent (must be forecasted). Given the forecast, the Bill of Materials is exploded to determine the amounts of raw materials, components, parts, etc. that are needed. The pharmaceutical supply company is an extreme case where only end items are carried and nothing is produced internally. The bill of materials is the end item and, therefore, the independent demand (forecasted from customers) is the same as the dependent demand. One might attempt to consider that when the demand for items occurs together, that this is similar to a bill of materials. However, this is not a bill of materials, but rather a causal relationship making it easier to forecast.
What is the full name of the militant organization that uses terrorism to demand land for an independent palestinian state?
Palestine Liberation Organization.
What is the full name of the militant organization that uses terrorism to demand land for independent Palestinian state?
Palestine Liberation Organization.
How and why did Latin America grow economically independent?
Probably due to productivity, the more products are made, the higher the chances of supply and demand
What is autonomous demand and derived demand?
demand which is demand which is depend on the purchase of the final product,its called derived demand.eg:purchase of thed fuel for the car.i.e car is the main or final product and fuel is derived product.raw material for the production of the fimal product.or machinary. autonomous demand is independent of the other product or main product.its not linked or tie-up with the other goods or commodity.eg: food artical,cloths. vijay mahajan
What is ematrix?
ematrix.tv is an internet video platform for independent film makers or companies wanting to broadcast video live or on-demand. See: http://www.ematrix.tv
Distinguish between dependent and independent demand in a McDonald's restaurant in an integrated manufacturer of personal copies and in a pharmaceutical supply house?
this question doesn't make sense
