Shorter Lead Times Result in a Higher Level of Backup

question 53

True/False

Shorter lead times result in a higher level of backup stock required to maintain the same level of product availability.

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Definitions:

Communication

The act or process of using words, sounds, signs, or behaviors to express or exchange information or to express ideas, thoughts, feelings, etc., to someone else.

Industrial Products

Goods produced for use in production and operation for other industries, not intended for direct consumption by consumers.

Raw Materials

The basic substances or components that are used to produce goods or manufacture products.