Which of the following statements is true of lead time?
A) Total lead time can be divided into acceptable and non-acceptable lead time.
B) Lead time is a measure of time that elapses between the sale of a product and delivery to the customer.
C) Reducing nonvalue-added lead time reduces costs and improves the speed of production.
D) Reducing nonacceptable lead time improves the speed of production,but will not affect product cost.
Correct Answer:
Verified
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