Asked by shyicambree sanders on May 06, 2024
Verified
The phrase "demand related to the demand for other products" describes
A) a dependent variable.
B) dependent demand.
C) recursive demand.
D) regression analysis.
E) independent demand.
Demand Related
Pertaining to aspects, outcomes, or considerations that are influenced by the demand for products or services, such as pricing, production planning, or inventory levels.
- Understand the significance of dependent demand in calculating the necessary quantity of items.
Verified Answer
HG
Hadassah GonzalezMay 09, 2024
Final Answer :
B
Explanation :
Dependent demand refers to the demand for one product being dependent on the demand for another related product. Therefore, "demand related to the demand for other products" describes dependent demand.
Learning Objectives
- Understand the significance of dependent demand in calculating the necessary quantity of items.