Computer · Construction Management
In materials and inventory management, 'Lead Time' usually refers to the:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Time required for only the dumping of material at the client site
- 2Time taken to only process the financial budget for an order
- 3Time elapsed between placing an order and receiving the material for use✓
- 4Total time taken to manufacture the final product in a factory
Correct answer
Time elapsed between placing an order and receiving the material for use
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