ENTREPRENEURIAL OPERATIONS
INVENTORY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The time period between placing an order it’s receipt in stock is known as
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Lead time
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Carrying time
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Shortage time
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Over time
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Explanation:
Detailed explanation-1: -Explanation: Lead Time: The time gap between the placing of an order and its actual arrival in the inventory is known as lead time.
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