Lead time - operations management, Operation Management

Lead Time - Operations Management

Estimated time from release of an order requesting the manufacture or procurement of any item until the time it is available. The lead time (LT) includes the provision of time to prepare for the release of the order; processing duration and anticipation of queue times that might be encountered during processing and transportation times. 

The estimation of the lead time value is usually based on previous experience, current work load and general rules of thumb, such as one week or two shifts per operation. LT values are usually expressed in hours or days or weeks. 

 

Posted Date: 3/14/2013 6:22:03 AM | Location : United States







Related Discussions:- Lead time - operations management, Assignment Help, Ask Question on Lead time - operations management, Get Answer, Expert's Help, Lead time - operations management Discussions

Write discussion on Lead time - operations management
Your posts are moderated
Related Questions
Clerks at Lotsa Data Systems key in thousands of insurance records each day for a variety of client firms.  The process is in control but CEO Donna Lotsa wants to be sure that at

Information required for Process Planning Quantity of work to be along with product specifications. Availability of equipment tools and personnel (giving dates e

Describe the objectives of trade unions. The Objectives of trade unions are: (i) To take labour out of the competitive procedure because when a number of workers freely comp

Fatigue is a major safety concern in the aviation industry. How does safety management address fatigue issues yet accomplish the job without incurring more costs in the company. We

The issue of fraud must be considered when managing risk as it could present a major liability to the organization. Fraud is an act that requires an aggressive response and correct

Calculate how much  they will be  able  to  save  in non-registered investments each year until their retirement. This is Rose and Leonard's first look at a retirement plan. Will t

a. Do you think lean relates to an organization being agile? b. Would implementing lean into an organization lead to a competitive advantage? if yes, explain, how and what types

Legacy Systems and Improvements Please respond to the following: •From the e-Activity, discuss the challenges legacy systems pose for enterprise system integration. Provide specifi

A manager just received a new price list from a supplier. It will now cost $1.00 a box for order quantities of 801 or more boxes, $1.10 a box for 200 to 800 boxes, and $1.20 a box

Data show that women earn only----------------cents per dollar earn by men/1.68 cents/2.75 cents/3 50 cents/4 95 cents/4/ 95 cents/5 90 cents/ which is the correct answer for this