Lead time is Select one: a. the elapsed time between starting a unit of product into the beginning of a process and its completion b. the time that units wait in inventories, move unnecessarily, and wait during machine breakdowns c. the time required for raw material shipments d. the time required to prepare an operation for a new production run When variation in demand multiplies in a value chain, it is known as: Select one: a. Logistical regression b. The Boston effect c. The Bullwhip effect d. The Supply Chain effect Waste associated with production has three common components:
