%0 Journal Article
	%A B. Fahimnia and  L.H.S. Luong and  B. Motevallian and  R. M. Marian and  M. M. Esmaeil
	%D 2008
	%J International Journal of Industrial and Manufacturing Engineering
	%B World Academy of Science, Engineering and Technology
	%I Open Science Index 15, 2008
	%T Analyzing and Formulation of Product Lead Time
	%U https://publications.waset.org/pdf/8623
	%V 15
	%X Product Lead Time (PLT) is the period of time from
receiving a customer's order to delivering the final product. PLT is an
indicator of the manufacturing controllability, efficiency and
performance. Due to the explosion in the rate of technological
innovations and the rapid changes in the nature of manufacturing
processes, manufacturing firms can bring the new products to market
quicker only if they can reduce their PLT and speed up the rate at
which they can design, plan, control, and manufacture. Although
there is a substantial body of research on manufacturing relating to
cost and quality issues, there is no much specific research conducted
in relation to the formulation of PLT, despite its significance and
importance. This paper analyzes and formulates PLT which can be
used as a guideline for achieving the shorter PLT. Further more this
paper identifies the causes of delay and factors that contributes to the
increased product lead-time.
	%P 325 - 329