Final answer:
Dependent demand is tied to the demand for a finished product, while independent demand is not influenced by the demand for other products.
Step-by-step explanation:
Dependent demand refers to the demand for a component or sub-assembly that is directly tied to the demand for a finished product. It is based on the demand patterns of the finished product. For example, the demand for car tires is dependent on the demand for cars. On the other hand, independent demand refers to the demand for a finished product that is not influenced by the demand for other products. It is based on customer demand. For example, the demand for smartphones is independent of the demand for other consumer electronics.