Answer 1

The time required for one piece to move all the way through a process or value stream, from start to finish. Envision timing a marked item as it moves from beginning to end.

Answer 2

The total time a customer must wait to receive a product after placing an order. When a scheduling and production system is running at or below capacity, lead-time and throughput time are the same. When demand exceeds the capacity of a system, there is additional waiting time before the start of scheduling and production and lead-time exceeds throughput time.

Answer 3

Delay between the start and end of a process.

Answer 4

The total amount of time between the recognition of a required task, operation or process and its completion. Elements of lead time can include order entry, material accumulation, machine setup, queue, processing, move and other activities, which can be classified by systems that seek to eliminate waste as valued-added (processing that actively adds value as perceived by the customer) and non value-added.

Answer 5

Also called throughput time and flow time. Lead time is the total time for product to move through a series of process steps. Lead times typically used are order-to-delivery, order-to-invoice, or door-to-door (i.e. goods in to goods out). For a transactional process (e.g. software development) then lead time might be order-to-delivery of completed work. For a lead time, the specific start and stop points must be defined. Lead time consists of value added time, non value added business essential time, and non value added time (pure waste). Lead time is proportional to inventory (Little's Law). Compare Cycle Time which is different.

Answer 6

A manufacturing strategy that uses less of everything compared to traditional manufacturing. The focus is on eliminating waste or Non Value Added activities within a process

Answer 7

The total time a customer must wait to receive a product after placing an order. When a scheduling and production system is running at or below capacity, lead time and throughput time are the same. When the demand exceeds the capacity of a system, there is additional waiting time before the start of scheduling and production, and lead time exceeds throughput time.

Answer 8

The total time a customer must wait to receive a product after placing an order.

Answer 9

The time required to wait for a product, service, material, or resources, after ordering or making a request for such things.