variable lead time

Definition

One method for determining the correct reorder point for inventory items or the lead time for producing a given item. Most commonly used in manufacturing. A large number of variables can factor into the determination of the correct lead time. For example: whether bulk orders take longer to fulfill than small orders, the number and length of production cycles over a given period, demand for the finished product, and the usual lead time from the supplier for a given component.

单词	variable lead time
释义	variable lead time Definition One method for determining the correct reorder point for inventory items or the lead time for producing a given item. Most commonly used in manufacturing. A large number of variables can factor into the determination of the correct lead time. For example: whether bulk orders take longer to fulfill than small orders, the number and length of production cycles over a given period, demand for the finished product, and the usual lead time from the supplier for a given component.
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