Lead time for completion of a job is a function of:
A)Capacity and demand
B)Capacity and priority decisions
C)Capacity and supply decisions
D)None of the above

Question

Quizplus · Accepted Answer

Lead time for completion of a job depends on both the capacity and priority decisions. Capacity refers to the maximum output that a system or equipment can produce within a given timeframe, whereas priority decisions determine the order in which jobs should be completed based on their relative importance or urgency. Therefore, lead time can be reduced by increasing capacity or by prioritizing jobs effectively. Options A and C might be relevant factors, but they do not directly influence lead time as much as capacity and priority decisions. Option D is incorrect as this question requires a specific answer.

Lead Time for Completion of a Job Is a Function