Order Cycle Time Refers to

question 194

Multiple Choice

Order cycle time refers to

• A) the time between when an order is placed and when payment is received.
• B) the time between the sale of the first production batch to the sale of the next production batch.
• C) the cycle between one full warehouse shipment to the next full warehouse shipment.
• D) the lag from ordering an item until it is received and ready for use or sale.
• E) the average time between reorders by a given wholesaler or retailer in the marketing channel.

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Definitions:

Stockholders

Individuals or entities that own shares in a corporation, giving them ownership stakes in the company.

Personal Assets

Items of value owned by an individual, including cash, property, and investments.

Depreciation

The measure of wearing out, consuming, or other loss of value of a depreciable asset arising from use, passage of time, or obsolescence through technology and market changes.

Gross Investment

The total amount spent on purchases of new capital and on replacing depreciated capital within a given period.