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 ?
Additional options are listed and offered under lead times of six, eight, 10 and 12 weeks.
identify theoretical minimum lead times and calculate the return on investment available by moving network toward theoretical minimum lead times; and
Component lead times are stochastic and associated distribution function is known in advance.
Previously, Apple indicated in its country websites that people should give around 5-7 days lead time when ordering the iPhone 6 and the iPhone 6 Plus.
The second theorem demonstrates dis-synchronization between the provider's and customer's lead times, requiring the provider to carry more inventory to meet the customer's order fill rate requirements.
Use of Lead Times and Freight Rates in Shipment Planning Processes
DeHoff sees a number of organizational "holes" in the practices of both mold builders and their customers that create unnecessarily long lead times.
When lead times are analyzed, it becomes evident that much of the time is consumed by the moldmaker waiting for vital data files to be approved and come back into his shop.
The manufacturing lead times for the end items are averaged and are plotted in Figure 3.
Eurapid shipments are treated with priority and offer highly competitive lead times for customers.