lead time
Definition
Number of minutes, hours, or days that must be allowed for the completion of an operation or process, or must elapse before a desired action takes place. See also manufacturing lead time.
lead time is in the Planning & Scheduling subject.
lead time appears in the definitions of the following terms:
order point,
requisitioning objective,
deterministic inventory control,
dating,
bill of resources,
critical item,
computer aided process planning (CAPP),
purchasing lead time,
probabilistic inventory control,
total lead time
and
lead time appears in these other terms: product lead time, manufacturing lead time, production lead time, order lead time
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