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Customer Response Time

 
Accounting Dictionary: Customer Response Time

Delay from placement of an order to delivery of the good or service; also called Delivery Cycle Time. Response time is a function of time drivers, e.g., uncertainty about arrivals of customers in the queue and Bottlenecks (points at which capacity is reached or exceeded). It is another crucial competitive factor. See also Order Receipt Time; Manufacturing Cycle Time; Manufacturing Cycle Efficiency.

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Accounting Dictionary. Dictionary of Accounting Terms. Copyright © 2005 by Barron's Educational Series, Inc. All rights reserved.  Read more