fixed lead time
Definition
A term used to describe the time period from the date an item is requisitioned to the date it is delivered when the lead time tends not to vary. For example, if a business can order 10 or 10,000 units of a given item and this huge difference in quantity does not affect the lead time for receiving the item from the supplier, this item may be considered to have a fixed lead time. Opposite of variable lead time.
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