Independent Demand is an item that generates demand all by itself. In other words, it is not dependent or related to any other demand item. Example
Some examples of independent demand might be: finished goods, replacement parts, parts used for testing, service or repair parts and end items. Let’s look a little deeper. Here is an example that will be easy for you to understand. Let’s say you call your favorite Pizza Shop and Order your favorite Pizza. When you get your pizza you see your favorite toppings, cheese, sauce and the pizza pie crust. The Independent demand is the end item pizza that you love so much. The entire pizza is what you ordered so its demand is unrelated to anything else. See Also:Challenge:
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September 2023
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