Demand that incorporates uncertainty is called ____.
A)Static
B)Dynamic
C)Stochastic
D)Deterministic

Name: Demand that incorporates uncertainty is called ____. A)Static B)Dynamic C)Stochastic D)Deterministic
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Question

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Stochastic demand refers to demand that incorporates uncertainty, variability or randomness in the demand pattern. It is a type of demand that cannot be predicted with complete accuracy or certainty.

Demand That Incorporates Uncertainty Is Called ____