lead time

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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.
References in periodicals archive ?
Sailors detaching in the next few months who have not yet received orders will likely have less than two months lead time when the orders are released.
In a Lean Flow factory design, a dramatic change has been made; lead time has dropped significantly, as much as 30-99 percent, or an average of 75 percent.
For Specialty Manufacturing, lead times can be as short as four to six weeks and tooling costs for some large parts can be as much as 75% less than for injection molds.
Lead times are understood and resources are committed based on these lead times.
The Electronic Component Industries Association (ECIA) keeps monthly tabs on lead times for parts such as interconnects, electromechanical components, semiconductors, and passive components.
Sofas with shorter lead times -- and the possibility of returning them -- do exist.
It is claimed to give users easy access to the company's pricing, design feedback, and lead time information directly in the Inventor environment.
At longer lead times, the weekly "12-Day Trends" segment focuses on high-impact weather in the 8-12-day period, conveying the risk (from low to very high) of extreme precipitation and anomalous warmth and chill.
A Volkswagen UK spokesman did not reveal the precise lead times for the last orders placed but confirmed that they are well under one year.
A survey on the inventory-routing problem with stochastic lead times and demands, J.