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lead time

   Also found in: Dictionary/thesaurus, Financial, Acronyms, Wikipedia 0.04 sec.
lead time
1. Manufacturing the time between the design of a product and its production
2. Commerce the time from the placing of an order to the delivery of the goods

lead time [′lēd ‚tīm]
(industrial engineering)
The time allowed or required to initiate and develop a piece of equipment that must be ready for use at a given time.


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These approved vendors require a lead time to construct these non-stocked tire cages, which aren't cheap.
The 16,500 square meter facility, expected to start operations in February 2007, will allow Tung Yu to double its production capacity and help reduce lead time to customers.
The new system will feature database of the product as well as statistical analysis which will reduce lead time in product recalls.
 
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