Asked by dhanashree sangaokar on May 11, 2024
Verified
The quantity required of a dependent demand item is computed from the demand for the final products in which the item is used.
Dependent Demand
A demand for items that occurs as a direct result of demand for other items. It is typically calculated rather than forecasted, such as components or raw materials required for producing a final product.
Quantity Required
The total amount of materials or products needed to fulfill a specific purpose, task, or production requirement.
- Grasp the role of dependent demand in determining the quantity required of items.
Verified Answer
KJ
Katherine JohnsonMay 18, 2024
Final Answer :
True
Explanation :
Dependent demand items are those that are not demanded on their own but are needed as a component or part of a final product. The quantity required of such items is calculated based on the demand for the final products they are a part of.
Learning Objectives
- Grasp the role of dependent demand in determining the quantity required of items.