When first activity completes, if there is then a delay or wait period before the second activity starts, this is called lag and the delay is known as the Lag Time. Lag Time is the delay between the first and second activity. For example, the time duration for the first activity is 3 days, and for the second activity it is 2 days. After completing the first activity you wait for one day, and then you start second activity.
A point of service plan, is a type of managed care health insurance plan in the United States.It combines characteristics of the health maintenance organization (HMO) and the preferred provider organization (PPO).nrollees in a POS plan are required to choose a primary care physician from within the health care network; this PCP becomes their point of service.
Key areas of use. The Cost to Serve Model establishes the true cost to service customers, providing a framework for comparing month on month customer related costs.This can be used as an integral part of supply chain strategy review, enabling negotiation of trading terms and benchmarking.ost-To-Serve Download. You can obtain a useful Cost-To-Serve document regarding details of the subject by entering details on the form below *. The document link will be sent to your email and is valid for 30 minutes from submission of the form.