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Time a company takes until a good is produced after order placement is known as

A. manufacturing lead time

B. manufacturing cycle efficiency

C. customer response time

D. system process time

Answer: Option A

Solution(By Examveda Team)

Time a company takes until a good is produced after order placement is known as manufacturing lead time. The manufacturing lead time is the time period between the placement of an order and the shipment of the completed order to the customer.

This Question Belongs to Management >> Management Accounting

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