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