Home
/
Business
/
__ is the time that elapses between an order and the customer receiving the order. 1. Replenishment time 2. Lead time 3. Idle time 4. None of the above Idle time C Replenishment time Lead time None of the above

Question

__ is the time that elapses between an order and the
customer receiving the order.
1. Replenishment time
2. Lead time
3. Idle time
4. None of the above
Idle time
C Replenishment time
Lead time
None of the above

__ is the time that elapses between an order and the customer receiving the order. 1. Replenishment time 2. Lead time 3. Idle time 4. None of the above Idle time C Replenishment time Lead time None of the above

expert verifiedVerification of experts

Answer

4.7320 Voting
avatar
EdwinProfessional · Tutor for 6 years

Answer

<br /><br />The time that elapses between an order and the customer receiving the order is referred to as Lead Time. This duration includes not only the preparation and processing of the order but also shipping and delivery, allowing the customer to receive their full order. Thus the breakdown of the options is as follows:<br /><br />1. Replenishment time: This only deals with the time it takes to refill or replenish stock and does not cover the total time for the order to reach the customer.<br /><br />2. Lead time: This includes the whole range of time, from order to delivery, making it a perfect fit for the given question definition.<br /><br />3. Idle time: This pertains to the time period when no productive work is impacted, which doesn't fit the definition.<br /><br />4. None of the above: This is eliminated as we have Lead Time perfectly fitting the definition given.<br /><br />Hence,<br />The answer is: 2. Lead Time
Click to rate:

Hot Questions

More x