The Period of Time from Order Placement Until Goods Are

question 4

Multiple Choice

The period of time from order placement until goods are received is known as which of the following?

• A) Dead time
• B) Order time
• C) Lead time
• D) Inventory cycle

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Definitions:

Shifts

Designated working hours for employees or machinery in a company, often structured in patterns to ensure continuous production or service availability.

Productivity Variable

A factor that affects the efficiency and output rate of the production process or workforce.

Globalization

The method through which companies or various groups gain international impact or begin to function globally.

Industrialization

The process of developing industries in a country or region on a wide scale, typically characterized by a shift from agrarian to manufacturing and service-based economies.