The Period from the Time the Grocer Realized She Was

question 36

Multiple Choice

The period from the time the grocer realized she was out of lettuce until the produce shipment arrived and the lettuce was marked for the sales floor is called:

• A) lead time
• B) ordering time
• C) cycle time
• D) safety time
• E) stocking time

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Definitions:

Charge

A financial obligation, fee, or demand for payment for services rendered or goods provided.

Rubber Washers

Circular pieces made of rubber used to prevent fluid leakage or provide padding between mechanical parts.

Wholesale

The selling of goods in large quantities at lower prices, typically to be retailed by others.

Compute

To calculate or process information, typically using a computer.