Demand for a Given Item Is Said to Be Dependent

question 55

Multiple Choice

Demand for a given item is said to be dependent if:

• A)it originates from the external customer.
• B)there is a deep bill of material.
• C)the finished products are mostly services (rather than goods).
• D)there is a clearly identifiable parent.
• E)the item has several children.

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Definitions:

Triarchic Theory

Proposes that intelligence consists of three components: analytical, creative, and practical abilities.

Creative Intelligence

The ability to produce new ideas, approaches, and solutions to problems in a novel and useful manner.

Prototypical Concepts

Fundamental ideas that represent the most typical and best examples within a category or class.

Phoneme

The smallest unit of sound in a language that can distinguish one word from another, playing a critical role in phonetics and linguistics.