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Explain dependent and independent demand and their impact on MRP. Provide an example that is not used in the book to demonstrate dependent demand, independent
Explain dependent and independent demand and their impact on MRP. Provide an example that is not used in the book to demonstrate dependent demand, independent demand and how to efficiently forecast to ensure the right amount of inventory for both.
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Dependent demand and independent demand are concepts in inventory management that help determine how products are ordered and stocked 1 Independent Demand Independent demand refers to the demand for f...Get Instant Access to Expert-Tailored Solutions
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Get StartedRecommended Textbook for
Statistics For Business And Economics
Authors: James T. McClave, P. George Benson, Terry T Sincich
12th Edition
032182623X, 978-0134189888, 134189884, 978-0321826237
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