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Which dimension indicates how much production of a specific product is required to satisfy its overall demand in the market?SalesVariationVolumeVisibility

Question

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Solution

The dimension that indicates how much production of a specific product is required to satisfy its overall demand in the market is Volume.

Explanation:

Volume in this context refers to the total quantity of a product that needs to be produced to meet the anticipated demand in the market. This is crucial for effective production planning and inventory management, ensuring that a company can meet customer expectations without overproducing or underproducing.

In contrast:

  • Sales Variation typically refers to fluctuations in sales over time.
  • Visibility usually pertains to how well a product can be seen or tracked in the supply chain.

Thus, when considering the requirement for production to match market demand, Volume is the key dimension.

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