Question

In the context of managing inventories in supply chains,__________is the time between placement of an order and its receipt.

a. The lead time
b. A time series
c. The changeover time
d. A time horizon

Answer 1

a. The lead time

Step-by-step explanation:

The lead time is the time that shows the difference between the time at which the process gets started and the time at which the process get finished. This can be reviewed in the manufacturing, supply chain management at the time when there is a prior processing, within processing and after processing

Therefore according to the given situation, the option a is correct

hence, all the other options are incorrect

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