The purchase-order lead time is the:
A)difference between the products ordered and the products received.
B)difference between the times an order is placed and its delivery.
C)discrepancies in purchase orders.
D)time required to correct errors in the products received.

Question

Quizplus · Accepted Answer

Purchase-order lead time refers to the amount of time that elapses from when an order is placed to when the order is delivered. It includes the time for processing, manufacturing, transportation, and any other factors that impact the delivery of the order.

The Purchase-Order Lead Time Is The