The Time from When an Order Is Received by Manufacturing

question 79

Multiple Choice

The time from when an order is received by manufacturing until it becomes a finished good is called:

• A)pass-through time.
• B)work-in-process time.
• C)manufacturing lead time.
• D)None of these answers are correct.

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Definitions:

Speculation Strategy

An approach to investment that involves taking on higher risk in anticipation of significant returns, often based on predictions about market trends.

Hybrid Strategy

A business approach that combines elements of different strategies, such as cost leadership and differentiation, to achieve competitive advantage.

Upstream Flows

In supply chain management, refers to the activities involved in the initial stages of production, including the acquisition of raw materials.

Downstream Flows

Refers to the movement of products from a production facility through the distribution network to the end user.