14.1k views
2 votes
What does LT represent in the reorder point formula? A) Lead time B) Lot tolerance C) Low threshold D) Logistic time

User Oldskultxo
by
8.2k points

1 Answer

4 votes

Answer:

A) Lead time

Explanation:

Lead time refers to the time it takes for an order to be fulfilled and delivered after it has been placed. It includes the time required for processing the order, manufacturing or acquiring the product, and transportation or delivery to the desired location.

User Vitani
by
7.6k points