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Management · Q226

Management Information System (MIS)

Graduate and Post Graduate · Management · question 226

Q226

_________ is the period in days between the ordering and delivering of goods.

A.
Demand
B.
Duration
C.
Lead time
Answer
D.
Process

Answer: Option C

Solution

Answer: Option C
Solution:
Lead time is the period in days between the ordering and delivering of goods. A lead time is the latency between the initiation and execution of a process.