Vidyalelo
Management · Q60

Management Accounting

Graduate and Post Graduate · Management · question 60

Q60

Time between a customer's order placement till customer receives its delivery is known as

A.
manufacturing lead time
B.
manufacturing cycle time
C.
customer response time
Answer
D.
system process time

Answer: Option C

Solution

Answer: Option C
Solution:
Time between a customer's order placement till customer receives its delivery is known as customer response time. It is the time between when a customer makes an inquiry about a product or commits to a purchase a good or service and when it is actually received by said customer.