The purchase order lead time is
A)the difference between the time an order is placed and delivered.
B)the difference between the products ordered and the products received.
C)the discrepancies in purchase orders.
D)the time required to correct errors in the products received.
E)the discrepancies in inventory sheets.

Question

Quizplus · Accepted Answer

The purchase order lead time is defined as the duration between the placement of an order and the delivery of the goods. It includes the time taken for processes such as order processing, manufacturing, transportation, customs clearance, and any other factors that impact the delivery time. Option A captures this definition accurately. Options B, C, D, and E are incorrect as they refer to other concepts that are not related to purchase order lead time.

The Purchase Order Lead Time Is