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Tue or false: Independent demand is only forecasted, while dependent demand is estimated from its parent independent demand.

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Question added by Hany Helmy Haleem , Director of Warehouses , Nasco Automotive
Date Posted: 2015/03/10
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IMRAN ALI MOHAMMED
by IMRAN ALI MOHAMMED , Accounts Officer , M/s. Euro Glazing Ltd

Its is True. For example - The sale of Printers, you can forecast its sale while its 'cartridge' which is a dependant demand of printers can be estimated from its parent independent demand.

Hany Helmy Haleem
by Hany Helmy Haleem , Director of Warehouses , Nasco Automotive

True...

 

Demand for a product or service is independent when it is not related to the demand for any other product or service.

 

Dependent demand for a product or service occurs where the demand for the item is derived from that of a second item.

 

Requirements for dependent demand items need not be forecast but can be calculated from that of the independent demand item.

 

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