Which type of demand is categorized as arising from an excess or missing part?

The type of demand that arises from an excess or missing part is referred to as lonesome demand. In a supply chain context, lonesome demand occurs when a specific component or part is either in surplus (excess) or insufficient (missing), leading to a need to adjust inventory levels or procure additional items to meet operational requirements. This form of demand is critical to recognize in inventory management because it directly impacts the production process and the ability to fulfill orders.

Understanding lonesome demand helps supply chain managers and logisticians make informed decisions regarding inventory control, procurement strategies, and resource allocation. This ensures that production flows smoothly without interruptions due to part shortages or overstock situations, which can lead to increased costs and inefficiencies. Recognizing and addressing lonesome demand is essential for maintaining optimal performance in the supply chain.