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Chapter 4: Q11PE. (page 585)

The planned order receipt and planned order release are offset by this amount of time.

Short Answer

Expert verified

Lead time.

Step by step solution

01

Lead time

Lead time means the number of periods that starts from the process steps till its end.

02

Where lead time lies

Lead timeshould be the middle person between the underlying stage and the end-stage moreover the lead time between the request put and conveyance of new bicycles by the maker may be between 2 weeks or 6 - to 7 months relying upon its particularities.

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Most popular questions from this chapter

The widespread scientific application of yield management began within what industry?

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A pure strategy that uses inventory and backorders as part of the strategy to meet demand.
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