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Dependent-demand inventory

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In what ways do independent-demand inventories differ from dependent-demand inventories?

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This solution explains how independent-demand inventories differ from dependent-demand inventories.

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1. In what ways do independent-demand inventories differ from dependent-demand inventories?

Independent-demand is defined as an Inventory control classification for items, the demand for which has no relationship with the demand for any other item. (1) Thus, independent-demand inventory is inventory whose demand has no relationship with any other item. Said another way, independent demand ...

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