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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.
What are the types of participation worker? Types of Worker’s Participation are as follows: Worker’s participation into management may take several forms, for example:
why an organization should respond to emerging issues in order to remain competitive
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