Definition, Meaning & Synonyms
exceed-demand
Phrase
/ɪkˈsiːd dɪˈmænd/
Definition
To surpass or go beyond what is required or expected in terms of supply versus demand.
Examples
- Due to the increase in production, the company may exceed demand and have to reduce prices.
- After launching the new smartphone, the manufacturer found that they would exceed demand significantly.
- During the holiday season, retailers often find themselves in a position to exceed demand, resulting in markdowns.
Meaning
Exceed-demand refers to a situation where the supply of a product or service outstrips the demand for it, leading to excess stock or resources that are not utilized.
Synonyms
- Outstrip demand
- Overproduce
- Surplus supply