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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.
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Knowing your Learning Patterns is important primarily because (Points : 1)
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Question 1 The Banking Laws (Amendment) Act 1983 introduced section 45 ZA in the Banking Regulation Act, 1949, which facilitates applicability of nomination to all deposit account
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