Little's law says there is a long-term relationship between the inventory, throughput, and flow time of a production system in steady state.
Correct Answer:
Verified
Q1: A triangle is conventionally used in a
Q3: A "process" is any part of an
Q7: Cycle time is the ratio of the
Q11: When a make-to-order production process is used,
Q19: A diamond is conventionally used in a
Q29: Process velocity is the ratio of the
Q32: Run time is calculated by multiplying the
Q33: Setup time is the time required to
Q36: Inventory turn is the cost of goods
Q47: Which of the following best describes the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents