lead time


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lead time

1. The period of time from when a product is designed to when it is produced or manufactured. Your idea is indeed very intriguing, but with a lead time as long as that, we'll have a hard time securing investors.
2. The period of time from when an order for goods has been placed to when it is delivered. The online retail giant is hoping to drastically reduce lead time with the use of unmanned carrier drones to deliver orders.
See also: lead, time
References in periodicals archive ?
Long lead times are a result of customization; most companies now sell only sofas that require some sort of customization -- fabric choice, arm style, leg color and size, to name a few.
If average demand is [bar.x] and its variance is v, and lead time length is constant L, then expected lead time demand [[bar.x].sub.L] and its variance [v.sub.L] over lead time, can be calculated using following expressions:
The calculated P-arrival and S-arrival time along with 4 sec of EEW algorithm decision time, 1 sec of transmission delay, and 1 sec of processing delay provide the lead time for the cities by using (1).
For example, lead time distributions may not follow the neat shape of known statistical distributions and can often be bimodal, particularly in global ocean shipping supply chains (cf.
In this paper, the effect by the lead time quotation in an M/M/1 base stock manufacturing-inventory queue into the customer's utility function is discussed.
The formulation of a basic model of two-stage SC system with lead times (i.e., production lead time and ordering lead time) can be illustrated in Figure 1.
5 (Lead time 12 hours)-more than 220 kph maximum sustained winds; very heavy to widespread damage expected
By managing to theoretical minimums, firms can move away from an assumption of "fixed" or "uncontrollable" lead times. Further, STM highlights the very real cost of lead time variability by establishing real and achievable baselines, increasing visibility, attacking latent activities, and synchronizing supply chain processes.
On the other hand QRM is a philosophy introduced by Professor Rajan Suri from University of Wisconsin is a company-wide strategy that pursues the reduction of lead time continuously in all aspects of a company's operation.
- 40% reduction in lead time achieved by emrill by using the platform
Market Potential Lead The lead time that will allow an Time increase of price or the capture of additional business through either existing or new customer channels.
Within one year, Anodyne received nearly 50,000 different parts for chemical processing from the EBC and received a 100% quality rating with an average turnaround time of 1.8 days, greatly reducing BoeingOs lead time and helping the EBC reach their target.
The hindcasts are initialized in different days and times, being the ones initialized after the day 7 used as the lead time zero ensemble members of the next month.
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.
The friend group also showed a significant lead time on day 16 of the epidemic, which was a full 46 days before the peak in daily incidence in the population as a whole.