Question

What is lead time in inventory management?

Answer 1

The lead time is the delay applicable for inventory control purposes. This delay is typically the sum of the supply delay, that is, the time it takes a supplier to deliver the goods once an order is placed, and the reordering delay, which is the time until an ordering opportunity arises again. hope this helped you... :) if yes then pls mark it as the brainliest answer:-)