Independent Demand Tends to Be More "Lumpy" Than Dependent Demand

question 39

True/False

Independent demand tends to be more "lumpy" than dependent demand, meaning that we need large quantities followed by periods of no demand.

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Definitions:

Shipping Increases

A rise in the cost or amount required to transport goods from one location to another, potentially affecting trade and sales prices.

Decertification

The process by which a labor union is removed as the representative of the employees in a bargaining unit, typically through a vote by the employees.

Bargaining Agent

A labor union or individual representative designated to negotiate employment terms on behalf of a group of employees.

Closed-shop Agreement

A labor agreement requiring employees to be members of a union as a condition of employment, typically illegal in the U.S. under the Taft-Hartley Act.