Lead times and lot sizing help a company determine the transfer of goods to the customer.

Question

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The lead time is the cumulative time required for the supplier to receive and process the order,take the material out of stock,package it,load it on a truck,and deliver it to the manufacturer.
Lot sizing refers to the process of determining production quantities (for raw materials produced in-house)and order quantities (for purchased items).

Lead Times and Lot Sizing Help a Company Determine the Transfer