Independent demand is relatively predictable, because factors of demand are known.

Name: Independent demand is relatively predictable, because factors of demand are known.
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Question

Quizplus · Accepted Answer

Independent demand is the demand for finished products or end-use products which cannot be derived from any other product. It is generally considered to be unpredictable as it can be influenced by various factors such as consumer preferences, marketing strategies, economic conditions, seasonal trends, etc.

Independent Demand Is Relatively Predictable, Because Factors of Demand Are