…………is the time that elapses between issuing replenishment order and receiving the material in stores.

Related MCQs

• Under an acceptance letter of credit, the responsibility of the issuing bank is
• The………… type of material handling system is the simplest and cheapest form of material handling system.
• Re-order level depends upon two factors, lead time and ……….
• …….. represent the frequency of satisfying customer order in given span of time.
• A encompasses all activities associated with the flow and transformation of goods from the raw material stage, through to the end user, as well as the associated information flows.
• Special purpose material handling equipment are used in ………….
• …………analysis, parameters for classification of inventory is unit price of material.
• Conveyor belt facilitate continuous movement of material over a ………. Route.
• EOQ is that order quantity which result in …………total inventory cost.
• Customer order processing level isthat