What is Lead Time? Lead time is the time required to complete the set of processes - from start to finish. There are 3 types of such measures in Business Process. Order LT The time required to complete the order - from order receipt to product/service delivery to the consumer. Processing LT The time required to convert the Raw Material into Finished Product (or Production LT) or The time required to convert input information into output information (Service Production LT)...

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