procurement lead time

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The interval in months between the initiation of procurement action and receipt into the supply system of the production model (excludes prototypes) purchased as the result of such actions. It is composed of two elements, production lead time and administrative lead time. See also administrative lead time; initiation of procurement action; level of supply; production lead time; receipt into the supply system.

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administrative lead time
initiation of procurement action

level of supply
production lead time

receipt into the supply system
requisitioning objective

total materiel assets

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