The time between order placement and the receipt of goods is called ___________________.
A) receipt time
B) lead time
C) allowance time
D) processing time
E) waiting time

Question

Quizplus · Accepted Answer

Lead time is the time between order placement and receipt of goods. Option A, receipt time, only refers to the time of receiving goods, not the whole process. Option C, allowance time, is not a commonly used term in this context. Option D, processing time, only refers to the time required to process an order, not the entire process. Option E, waiting time, is too broad and does not specify the timeframe between order placement and receipt of goods.

The Time Between Order Placement and the Receipt of Goods