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This is the time gap between placement of an order and the time of actual supply. The determination of lead time is a complicated matter.
It is of core significance in determining the stock level.
Lead time + servicing Time + Delivery Time + Receiving Time.
The minimum maximum and average lead times differ from unit to unit and time to time. It is a procurement cycle.
Absenteeism
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Nature of Business Activity a) The fashion magazine is probable to contain text and coloured photos which bring in outlying greater value to the consumer than 100 pages of pap
How distribution is arranged to provide costumers convenience for the hotel.
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