The time difference between a business ordering and receiving stock is called the

Related MCQs

• The business term that involves choosing a supplier, agreeing what to buy at a certain price and by when is called?
• …………… includes design and administration of system to control the flow of materials, work in progress and finished inventory to support business unit strategy
• Which of the following document is a contract between the owner of goods and carrier (as with domestic shipments)?
• Getting the right goods to the right location at the right time for the least cost is known as
• ………….. are meant to store products for moderate to long period of time
• The length of time for which sellers extend credit terms to buyers is known as ………….
• …………. refers to the process of having the right item in the right quantity at the right time at the right place for the right condition to the right customers
• Positive, long term relationships between supply chain participants refers to
• Non destructive methods of inspecting and identify goods in transportation systems is called
• Selecting suppliers and purchasing item is called …………..