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What is Demand Rate

Chapter 113
Encyclopedia of Business Analytics and Optimization
The demand rate is defined as the number of units, worth of an item requested by a customer in a unit time period. If Q is the demand size over a period T then demand rate (R) = Q / T.
Published in Chapter:
Inventory Models for Deteriorating Items
Vinod Kumar Mishra (B.T. Kumaon Institute of Technology, India)
Copyright: © 2014 |Pages: 10
DOI: 10.4018/978-1-4666-5202-6.ch113
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