The relative location of suppliers 1. 2. Main Menu Effectiveness External 40. Delivery promises met Percent 41. Orders not split due to materials shortage Percent 42. Demand for item.
Demand is a key variable in setting up an inventory system.
Based on the prevailing market conditions, it is necessary to select among the listed various demand conditions. Back to survey 11. Demand mean and variance. This category refers to whether or not the demand's mean and variance change. In many industrial settings the mean and variance of the demand are non-stationary.