Cumulative Lead Time in manufacturing refers to the total time required to produce a product from the start of the production process to the completion of the final product, including all stages of production and any associated waiting times. This metric is crucial for planning and scheduling as it helps manufacturers understand how long it will take to fulfill an order from the time it is placed until it is ready for delivery. Components of Cumulative Lead Time
Cumulative Lead Time is composed of several individual lead times that occur at different stages of the production process:
Let’s say you are manufacturing a product and the breakdown of lead times is as follows:
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June 2024
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