Multiple Select Question

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

Answer 1

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.