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Arte-miy333 [17]
2 years ago
8

If a supply chain manager can reduce inventory while keeping the flow rate constant, what does little's law predict will happen

to flow time?
Business
1 answer:
ozzi2 years ago
7 0

If a supply chain manager can reduce inventory while keeping the flow rate constant, little's law predicts flow time will go down.

Little's Law is a theorem that calculates the average number of items in a stationary queuing system based on an item's average waiting time and the average number of items arriving at the system per unit of time.

The law establishes a straightforward and obvious method for evaluating the efficiency of queuing systems.

The notion is extremely important for business operations since it states that the number of items in the queuing system is determined primarily by two essential variables and is unaffected by other factors such as service distribution or service order.

Hence, the answer is that the flow time will go down.

Learn more about supply chain:

brainly.com/question/25160870

#SPJ4

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What tends to happen to the inflation rate if the Fed works to lower the unemployment rate? Why?
STatiana [176]

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The inflation rate increases because of increased spending.

Explanation:

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Last year Rennie Industries had sales of $395,000, assets of $175,000 (which equals total invested capital), a profit margin of
maxonik [38]

Answer: 5.9%

Explanation:

Before:

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= Total Assets / Equity Multiplier

= $ 175,000 / 1.2

= $ 145,833

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= (Turnover × Profit Margin) / Equity

= ($ 395,000 × 5.3%) / $ 145,833

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After:

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Equity

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= ($ 395,000 × 5.3%) / $ 103,333

= $ 20935 / $ 103,333

= 0.2026

= 20.26%

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= 20.26% - 14.36%

= 5.9%

= 4.035%

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