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

Related MCQs

• ………….. is a set of approaches utilized to efficiently intergrate suppliers ,manufacturers,warehouses,and stores,so that merchandise is produced and distributed,at the right quantities,to the right location ,and at the right time,in order to minimize system wide costs while satisfying service level requirements.
• ………..is the movement of material from receiving docks directly to the shipping docks.
• Material handling is a branch of engineering which deals with the movements of …………between two or more different points.
• Material management function in logistics management known as ………
• In order to build quality in the culture, a……………..is established to provide overall direction.It is the driver for the TQM engine.
• Logistics activities provide the bridge between production and market locations that are separated by ……..and……..
• Marketing channel management calls for selecting, managing,……… , and evaluating channel members over time.
• ……………is the task of buying goods of right quality, in the right quantities, at the right time and at the right price.
• ……………….. objective in logistics ensure a proper balance between total logistic cost and a desired level of customer service performance.
• The out put of …………era is the maximization of customer value and harmonious long –run relationship between all supply chain members.