Ronda Scooters is a leading Asian manufacturer of electric scooters.The company procures raw materials from a firm based in China.The Chinese supplier delivers materials in about three weeks after receiving a confirmed order.This period is referred to as the materials' ________.

Question

Quizplus · Accepted Answer

A)The period that elapses between placing the supply order and receiving materials is referred to as a product's lead time. The lead time is three weeks in this case.
B)The period that elapses between placing the supply order and receiving materials is referred to as a product's lead time. The lead time is three weeks in this case.
C)The period that elapses between placing the supply order and receiving materials is referred to as a product's lead time. The lead time is three weeks in this case.
D)The period that elapses between placing the supply order and receiving materials is referred to as a product's lead time. The lead time is three weeks in this case.
E)The period that elapses between placing the supply order and receiving materials is referred to as a product's lead time. The lead time is three weeks in this case.

Ronda Scooters Is a Leading Asian Manufacturer of Electric Scooters