Gkseries in Inventory Management MCQs

The time period between placing two successive orders is called and the time period between ordering an item for replenishment and actually receiving the item into the inventory is called as

Q. The time period between placing two successive orders is called and the time period between ordering an item for replenishment and actually receiving the item into the inventory is called as .

A. Lead time, order cycle

B. Order cycle, lead time

C. OTC cycle, idle time

D. Idle time, OTC cycle

Answer: Order cycle, lead time

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Q. The time period between placing two successive orders is called ____ and the time period between ordering an item for replenishment and actually receiving the item into the inventory is called as ____.

Q. The time period between placing two successive orders is called and the time period between ordering an item for replenishment and actually receiving the item into the inventory is called as .