Asked by Ericka Eldridge on Apr 25, 2024
Verified
Demand for buttons and zippers at a sportswear manufacturer is an example of:
A) buffer demand.
B) anticipated demand.
C) derived demand.
D) independent demand.
E) scheduled demand.
Derived Demand
Demand that is not for the goods or services themselves but results from the demand for another good or service.
Independent Demand
The need for finished products or goods that does not depend on the demand for other items.
- Comprehend the essence of independent demand and its influence on the management of inventory.
Verified Answer
JS
jatinderpal singh5 days ago
Final Answer :
C
Explanation :
The demand for buttons and zippers is an example of derived demand because it is based on the demand for the sportswear product that they are used in. As the demand for sportswear increases, so does the demand for buttons and zippers to be used in the production of those products.
Learning Objectives
- Comprehend the essence of independent demand and its influence on the management of inventory.