Final answer:
True, lumpy demand for components is mainly due to periodic batch production leading to uneven demand over time and necessitating strategic supply chain management.
Step-by-step explanation:
True, lumpy demand for components results primarily from the periodic scheduling of batch production. In a business context, lumpy demand refers to the irregular and often unpredictable demand for products or components, which is characteristically uneven over time. Supply chain and operations management strategies must therefore account for these variances to optimize inventory levels and production schedules. Companies using batch production are prone to this issue, as production is not continuous but occurs at intervals, leading to periods of high demand followed by periods without demand for certain components.