The lead time is the interval that elapses between seeing the need for placing an order and receiving the goods or services.

Question

Quizplus · Accepted Answer

The lead time is the time it takes for an order to be fulfilled, which includes the time it takes for the order to be processed, the products or services to be produced, and the shipping or delivery time. It is the interval between recognizing the need to place an order and actually receiving the goods or services ordered. Therefore, the given statement is true.

The Lead Time Is the Interval That Elapses Between Seeing