Abstract
The nature of independent demand is that it is unrelated to the demand of any other items. The rate of use of independent demand is most often determined by the market place. Independent demand inventory is called distribution inventory while dependent demand inventory is known as manufacturing inventory. Distribution inventory is most often maintained in manufacturing finished goods’ warehouses, regional distribution centers, local distribution centers, and retail outlets.
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Bibliography
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Toomey, J.W. (2000). Replenishing Independent Demand. In: Inventory Management. Materials Management / Logistics Series, vol 12. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-4363-3_6
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DOI: https://doi.org/10.1007/978-1-4615-4363-3_6
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4613-6961-5
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