Explain the difference between independent and dependent demand and illustrate your explanation with an example
What will be an ideal response?
Examples will vary. The key difference between the two is whether the demand for items A is driven directly or by the demand for item B. End items are typically independent demand since their demand is subject only to customers' appetite. The components used to make up the end item have their demand determined by the number of end items that are required during any production period.
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Members of the management team at the Art Attic would most likely refer to the company's ________ to identify their responsibilities to marketing, operations, customer service, and other departments
A) marketing plan B) marketing program C) business plan D) business program E) tactical plan
Generally speaking, an oral contract that the Statute of Frauds requires to be in writing is
voidable. Indicate whether the statement is true or false