The period of time between placing an order for supplies and receiving the material is called ________

A) process forecast
B) run time
C) lead time
D) lag time
E) procurement delay

Answer: C
Explanation: The period that elapses between placing the supply order and receiving materials is referred to as a product's lead time. A company must always have enough supplies on hand to cover a product's lead time.

Business

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The researcher should rely on ________ to determine which variables should be investigated

A) objective evidence B) theory C) an analytical model D) all of the above

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Under the Privacy Act, any agency that proposes to establish or alter any system of

records must provide notice to: a. Congress b. the Office of Management and Budget c. Congress and the Office of Management and Budget d. none of the above; changes are published in the Federal Register and a hearing is conducted to decide the appropriateness and legality of the changes

Business