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in a periodic review system, yyou place and order every 14 days. the lead time is 8 days. what is the uncertainty period? state your answer as a whole number, for example 44

Sagot :

In a periodic review system when an order is placed  every 14 days, the uncertainty period is 22 days.

Lead time is the time that passes from the start to the conclusion.  It helps in measuring the time taken to complete a project. It varies from industry to industry.

It is normally calculated as:

Lead time = processing time + post-processing time.

Given,

lead time = 8 days

Order place date = 14 days

uncertainty period  = order date + lead time

uncertainty period = 14 + 8 = 22 days

So, we can say that in a periodic review system when an order is placed  every 14 days, the uncertainty period will be 22 days.

To know more about Lead time,

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