Discuss four components of the term lead-time and explain what role does Bottleneck plays in redu…

discuss four components of the term lead-time and explain what role does Bottleneck plays in reducing the lead time?.

Explain the four components of lead time using an example company of your own choice (e.g., recall a doctor visit … What was the total lead time and how was it divided into these four elements). How would you explain lead time’s relationship with inventory (e.g., other patients in the pipeline)?

Can lead time in a system be predicted accurately? Do you agree that it might be difficult to determine lead time? Explain your rationale based on Inventory Management.

Using the goal chapters 29-34 comment on the types of Inventories Alex was dealing with verses the types of inventories Amazon has to manage.

Must have read the book The Goal by Eliyahu Goldratt or use the link below to read chapters 29-34 (pages 246-296) use the arrows to flip the pages