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Draw a production possibilities frontier (PPF)that shows a pizza shop's production trade-offs between producing pizzas and stromboli.Suppose the pizza shop upgrades to a larger,more automated oven.On the same graph,show how the PPF changes.(The oven is used to bake both pizzas and stromboli. )
Independent Demand
A demand for a finished product that is not dependent on the demand for other products in a company's inventory.
Demand Chain
The network of resources and processes involved in driving customer demand for products and services, as opposed to the traditional supply chain.
Demand Management
Strategies and practices aimed at forecasting, planning, and influencing customer demand to optimize supply chain and resources.
External Balancing
A strategy implemented to match supply and demand by adjusting capacity externally, often through outsourcing or partnerships.
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