Demand created as managers conceptualize forecasts and guess at future demand is known as

Name: Demand created as managers conceptualize forecasts and guess at future demand is known as
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Derived demand is the demand that arises from the demand for another product or service, often based on forecasting or anticipating future needs. In this context, managers are predicting future demand for their products or services based on the demand for related goods or services, hence the term "derived demand."

Demand Created as Managers Conceptualize Forecasts and Guess at Future