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Component J is ordered on February 1, is received, and is ready to use on February 8. Its planning lead time is seven days.
Knowledge Gap
The difference between what is known and what needs to be known; often relevant in research and decision-making contexts.
Service Quality
The measure of how well a delivered service matches customer expectations, reflecting the discrepancy between perceived service and expected service.
Assurance
Confidence or guarantee in the quality or performance of a product, service, or outcome.
Service Quality
Pertains to the degree of excellence of a service as perceived by customers, often evaluated based on expectations vs. performance.
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