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Variable demand refers to the fluctuations in consumer demand for a product or service over time, often influenced by factors such as seasonality, economic conditions, trends, and consumer preferences. Unlike stable demand, which remains relatively constant, variable demand can lead to challenges in inventory management and production planning. Businesses must adapt their strategies to effectively respond to these changes, ensuring they meet customer needs without overproducing or understocking.
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A variable that changes as a result of the other variable?
The dependent variable.
Variable is the value whose value depends upon the value of the independent variable?
The dependent variable is the variable that depends on the independent variable.
What is test variable mean in science?
the test variable is the independent variable.
What is an independent variable science im in grade 7?
The independent variable is the variable you change. The dependent is the variable you measure and the contol variable is the variable that you keep the same.
What is the variable that is changed by a scientist in a experiment?
The dependent variable is the variable that can change in an experiment.
Why price an independable variable and demand is dependent variable?
Because demand creates the price, and not the price dictates the demand.
What is variable demand stochastic demand deterministic demand?
stochastic demand is random demand. it is determined by predictable actions and a random element.
What is the key variable affecting demand?
price
What types of goods have variable demand?
Luxuries
The key variable affecting demand is?
price
Food cost fixed or variable?
The cost of all food is variable, depending on supply and demand.
If the elasticity of demand for a good at a certain price is greater than One we describe demand as?
Variable
Daily life examples about differential equations?
Here are two variablesDemand and Price, whereas Price is Independent variable &Demand is dependent variable, i.e. if price of something changes the demand will also be affected. Now simple Differential Equation isd (Demand)= constantd (Price)But keep in mind that Price is a function not a simple variable.
What is the difference that exists between arc elasticity of demand and point elasticity of demand?
Arch elasticity demand is the percentage change in one variable divided by the percentage change in another variable, it calculates the elasticity over a range of values, while point elasticity of demand uses differential calculus to determine the elasticity at a specific point
What is a variable asset?
the asset value which changes with respect to the demand constraints is called varible asset
What is hydrothermal scheduling?
according to the variable load demand which generating unit is kept to be on , is most economical to satisfy particular load demand is call optimal scheduling.
What are the problems faced in determining the demand for a durable goods?
The demand for durable goods will increase until saturation. Calculating the demand is daunting. Opening new markets creates even a greater variable for this prediction.
