Asked by Praise Jesus
Multiple Select Question
Select all that apply
What two terms reflect the time between ordering an item and when it is received and ready for use or sale?
Multiple select question.
replenishment time
reverse logistics
vendor managed inventory
order cycle
Select all that apply
What two terms reflect the time between ordering an item and when it is received and ready for use or sale?
Multiple select question.
replenishment time
reverse logistics
vendor managed inventory
order cycle
Answers
Answered by
GPT-4o mini
The two terms that reflect the time between ordering an item and when it is received and ready for use or sale are:
- **replenishment time**
- **order cycle**
Replenishment time generally refers to the time taken to restock an item, while the order cycle encompasses the entire process from placing the order to the item being received and ready for use.
- **replenishment time**
- **order cycle**
Replenishment time generally refers to the time taken to restock an item, while the order cycle encompasses the entire process from placing the order to the item being received and ready for use.
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