Timeframe between placement of order until a finished good produces is classified as

Solution (By Examveda Team)

Timeframe between placement of order until a finished good produces is classified as manufacturing lead time and manufacturing cycle 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. Manufacturing cycle time refers to the time required or spent to convert raw materials into finished goods. It is also known as throughput time.