According to Little's law,which of the following can be used to estimate work-in-process inventory?
A)Process time/Cycle time
B)Throughput rate times throughput time
C)Process velocity/Throughput time
D)Set up time/Throughput rate
E)Value added time/Process velocity

Question

Quizplus · Accepted Answer

Little's law states that inventory equals throughput rate times throughput time. Therefore, in order to estimate work-in-process inventory, we can use the formula given in option B: throughput rate times throughput time.

According to Little's Law,which of the Following Can Be Used