a supply chain setting,replenishment time refers to lead time for an item,which means the lag from ordering an item until it is

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Replenishment time refers to the lead time from ordering an item until it is received and ready for use or sale. This means that the lag time includes the time it takes for the item to be delivered, checked for quality, processed, and put into inventory. It does not necessarily refer to billing, payment, or customer acknowledgment.

A Supply Chain Setting,replenishment Time Refers to Lead Time for an Item,which