Demand That Is Stable Over Time Is Called ____

question 61

Multiple Choice

Demand that is stable over time is called ____.

• A)Static
• B)Dynamic
• C)Stochastic
• D)Deterministic

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Definitions:

Competitive Measurements

Metrics and benchmarks used to evaluate an organization's performance relative to its competitors.

Human Resource Productivity

The measure of how effectively the human resource department and the overall workforce generate output or achieve goals relative to input.

Labour Expenses

Costs associated with compensating employees, including wages, salaries, benefits, and taxes.

Rightsizing

Adjusting the number of employees to fit the current needs of the organization, which may involve layoffs or hiring.