What is a dependent demand?

Dependent demand is the demand for component parts, raw materials, or sub-assemblies. This demand does not occur until there is demand for a parent item, which is typically a product.

What is Dependant and independent demand?

Demand is independent if it is unrelated to demand for any other product or service. Demand is dependent if it is derived from the demand for another product or service. Independent demand needs to be forecast; however, requirements for dependent demand are calculated from the independent items.

What is dependent demand in inventory?

If the demand for inventory of an item is dependant upon another item, such demands are categorized as dependant demand. Raw materials and component inventories are dependant upon the demand for Finished Goods and hence can be called as Dependant demand inventories.

What is an independent demand item?

Generally, Independent Demand Items, which have no direct relationship with other demands, are requested only according to the forecast. Such items include products, service parts, which are usually handled by the Sales division.

What is dependent demand quizlet?

Dependent Demand- demand for items that are subassemblies or component parts to be used in the production of finished goods.

Which of the following most closely describes dependent demand?

Option C-derived demand is closely described as dependent demand, resulting from the decision to build parent items.

How is independent demand different from dependent demand with examples?

Independent demand is demand for a finished product, such as a computer, a bicycle, or a pizza. Dependent demand, on the other hand, is demand for component parts or subassemblies. For example, this would be the microchips in the computer, the wheels on the bicycle, or the cheese on the pizza.

What is dependent and independent demand provide examples of dependent and independent demand?

What is the difference between independent and dependent demand quizlet?

Independent- demand for a finished product, such as a computer, a bicycle, or a pizza. Dependent demand, on the other hand, is demand for component parts or subassemblies.

Which of the following is an example of dependent demand inventories?

Dependent demand, on the other hand, is demand for component parts or subassemblies. For example, this would be the microchips in the computer, the wheels on the bicycle, or the cheese on the pizza. The two inventory systems we discussed are used to determine order quantities for independent demand.

What is the output of MRP?

The main outputs from MRP include three primary reports and three secondary reports.

Which of the following most closely describes net material requirements in an MRP system?

The correct answer is a. gross requirements – amount on hand – scheduled receipts .