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What is Production rate and demand?

Updated: 10/18/2022
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Production rate means that the rate at which production is carried.

While demand is a quantity which a consumer is willing to buy at a specific price in a given period of time.

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What is the difference between production inventory quantity and economic order quantity?

EOQ Model - Only one product is involved - Annual demand requirements known - Demand is even throughout the year - Lead time does not vary - Each order is received in a single delivery - No quantity discounts - Stockouts can be completely avoided POQ Model - Only one item is involved - Annual demand is known - Usage rate is constant - Usage occurs continually - Production rate is constant - Lead time does not vary - No quantity discounts - Production can be done in batches or lots (capacity to produce a part exceeds the part's usage or demand rate) - Suited for production environment (material produced, used immediately. Provides production lot size) - Lower holding cost than EOQ model


Why interest rate has no affect on the aggregate demand?

The interest rate does affect aggregate demand. As the interest rate falls, aggregate demand increases and vice-versa.


What is the between derived demand and joint demand?

Derived demand occurs when there is a change of customers' demand on particular product and produces have to buy new production equipment, which means that the change in consumer demand for a product affects demand for all firms involved in the production of that product. Joint demand has nothing to do with changing the production equipments. In this case, demand of the product depends on demand of its compliment. For example, demand on inc depends on demand on printers.


What is determinants of price elasticity of demand?

The rate of change of price and the rate of change of demand as a function of price.


What is aggressive demand?

Aggressive demand is the storage, production and demand trends. This will influence the price of gas when winter is in.

Related questions

What increase has the demand for services seen in recent times?

The second change was an increased demand for services. The growth in demand for services--and resulting production--continues to increase at a faster rate than the demand for manufactured goods.


Which statement correctly describes how this increased demand would lead to an increased rate of ATP production?

ATP levels would fall at first, increasing the inhibition of PFK and increasing the rate of ATP production. Correct: ATP levels would fall at first, decreasing the inhibition of PFK and increasing the rate of ATP production.


What is the difference between production order quantity and economic order quantity?

EOQ Model - Only one product is involved - Annual demand requirements known - Demand is even throughout the year - Lead time does not vary - Each order is received in a single delivery - No quantity discounts - Stockouts can be completely avoided POQ Model - Only one item is involved - Annual demand is known - Usage rate is constant - Usage occurs continually - Production rate is constant - Lead time does not vary - No quantity discounts - Production can be done in batches or lots (capacity to produce a part exceeds the part's usage or demand rate) - Suited for production environment (material produced, used immediately. Provides production lot size) - Lower holding cost than EOQ model


What is the difference between production inventory quantity and economic order quantity?

EOQ Model - Only one product is involved - Annual demand requirements known - Demand is even throughout the year - Lead time does not vary - Each order is received in a single delivery - No quantity discounts - Stockouts can be completely avoided POQ Model - Only one item is involved - Annual demand is known - Usage rate is constant - Usage occurs continually - Production rate is constant - Lead time does not vary - No quantity discounts - Production can be done in batches or lots (capacity to produce a part exceeds the part's usage or demand rate) - Suited for production environment (material produced, used immediately. Provides production lot size) - Lower holding cost than EOQ model


Why interest rate has no affect on the aggregate demand?

The interest rate does affect aggregate demand. As the interest rate falls, aggregate demand increases and vice-versa.


What is the between derived demand and joint demand?

Derived demand occurs when there is a change of customers' demand on particular product and produces have to buy new production equipment, which means that the change in consumer demand for a product affects demand for all firms involved in the production of that product. Joint demand has nothing to do with changing the production equipments. In this case, demand of the product depends on demand of its compliment. For example, demand on inc depends on demand on printers.


What factor influence a region photosynthetic productivity?

The main factor influencing production is consumer demand.


What is determinants of price elasticity of demand?

The rate of change of price and the rate of change of demand as a function of price.


What is aggressive demand?

Aggressive demand is the storage, production and demand trends. This will influence the price of gas when winter is in.


What 4 factors have an effect on the marginal efficiency of capital?

1. Demand of commodities 2. cost of production 3. Foreign trade 4.Rate of population growth


Why is the demand for labor referred to as a derived demand?

Derived demand results from a demand for increase in intermediates goods or production resulting from another demand resulting for final or intermediate goods. For example, a demand for an item can make its production increase, which makes its labor increase.


Why might future production possibilities be different from current production possibilities?

the future production possibilities might be vary because of systematic risk prevailing in the industry (beta) and company's risk inhabited. the changing trend of sales also alter the future production possibilities. the decline in sale will harm the growth of the product/company. on the contrary increasing sales of a product will enhanced the growth rate in both short-run and long-run too. the most critical factor affecting the production possibilities is the change in the demand of of a product/brand. increasing demand will boost up the production opportunities. conversely fall in demand will have not too much good impact on the production.