Lead Time Is the Total Time Required to Manufacture a Product

Multiple Choice

Lead time is the total time required to manufacture a product, including the order preparation time, queue time, setup time, process time, movement within factory, inspection time, and placement in inventory. An inventory cycle begins once a product is placed in inventory. The number of times that inventory cycles per year is known as which of the following:

A) Cycle time of the process.
B) Inventory turn.
C) Manufacturing lead time.
D) TAKT Time.