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 Business Administration interview questions  Business Administration Interview Questions (413)
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 Business Management AllOther interview questions  Business Management AllOther Interview Questions (367)
Question
1. What is the difference between dependent and independent
demand?
 Question Submitted By :: Business-Administration
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
An independent demand is a demand that is not based on the
demand for another item while a dependent demand is based on
the demand for another item.
For example, the demand for chairs of a table and the table
itself is based on the demand for the table. The table in
this example is the item with independent demand. Knowing
this, one can forecast an independent demand while dependent
demands are calculated based on the independent demand item.
Business to business independent demands tend to be demands
for such items as capital goods, office supplies, MRO
(maintenance, repair, and operating) items, and anything
else for which the dependency is unknown. Independent
demands are usually handled with standalone purchase orders,
although some items might be covered by contractual
relationships such as volume, price and other agreements.
 
Is This Answer Correct ?    16 Yes 4 No
J
 
Answer
# 2
Dependent demand is the demand for items basing on the
demand of other items,whereas independent demand does not
depend on the demand for other items.
 
Is This Answer Correct ?    4 Yes 0 No
Tenywa Sudi
 
 
 
Answer
# 3
dependent demand is based on the demand for another item
while independent is not
 
Is This Answer Correct ?    4 Yes 2 No
Tesfaye Adisu
 

 
 
 
Other Business Administration Interview Questions
 
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Describe the relationship that should exist between a supervisor and subordinates   1
what do you mean by HUF in income tax?and what is the tax rate for this in 2009-10?   2
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what do u mean by market place TATA 6
what do u mean by advertisement   6
In what way declaration of non payment of interest for 90 days converting it NPA will affect the running the business?   1
why you choose m.b.a?   3
who are the managing director of sbi State-Bank-Of-India-SBI 5
what do u mean by probationary officer of bank give me the full information about it? ICICI 1
Why do you want to enter the field of management?   3
What do you mean by external customer and internal customer?   3
what is different between marketing and sale? Mobilink 3
 
For more Business Administration Interview Questions Click Here 
 
 
 
 
 


   
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