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  • 06-05-2020
  • Business
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With inventory, "lead time" is the term used to describe the

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chunkymib
chunkymib chunkymib
  • 06-05-2020

Answer:

The lead time is the delay applicable for inventory control purposes. This delay is typically the sum of the supply delay, that is, the time it takes a supplier to deliver the goods once an order is placed, and the reordering delay, which is the time until an ordering opportunity arises again

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