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What is Dependent Vs Independent about?

Dependent demand refers to inventory items whose demand is reliant on the demand for another item, while independent demand pertains to items whose demand is not influenced by other items. Independent demand typically includes finished goods ordered by customers, whereas dependent demand includes raw materials and components needed for production. Effective inventory management strategies differ for both categories, with independent demand managed through sales forecasts and dependent demand managed using M

Author
boldmeritacademy
Language
EN

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