Production and Operations Analysis, Seventh Edition
Production and Operations Analysis, Seventh Edition
7th Edition
ISBN: 9781478623069
Author: Steven Nahmias, Tava Lennon Olsen
Publisher: Waveland Press, Inc.
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Chapter 5.2, Problem 2P
Summary Introduction

Interpretation:difference between deterministic and random variations in the pattern of demands.

Concept introduction:Changes in demand pattern for a product may be deterministic or random. The pattern of demand is usually based on the manner of which inventory is demanded.

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