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Arte-miy333 [17]
1 year 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:
ozzi1 year 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:

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Nutka1998 [239]

Answer:

A. a systematic approach to understand the organization

Explanation:

Business diagnosis can be defined as a strategic technique which typically involves the process of defining, identifying and classifying the various business processes, logistics, product quality in order to have an indepth understanding and knowledge about an organization.

The diagnostic process is a systematic approach to understand the organization because it involves critically studying all its aspects and areas.

Hence, the information gathered through the diagnostic process can be used by the management to facilitate its decision-making process and its competitive advantage.

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2 years ago
Among the states, the law governing limited liability companies is far from uniform because Group of answer choices a limited li
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Answer: State limited liability company statutes vary from state to state.

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For this reason, the law governing LLCs in the different states is not uniform.

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3 years ago
According to the market theory of wage determination, under what circumstances will wages for a particular group be highest?
Dmitry_Shevchenko [17]

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When there is now demand for this type of labor

Explanation:

Hope this helps :))

4 0
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When poor performance is attributed to a lack of knowledge, team members are most likely to respond by
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It should be noted that when poor performance is attributed to a lack of knowledge, it's important to undergo training.

<h3>What is training?</h3>

Training simply means the act of teaching an individual a particular skill. This is necessary in organizations to achieve the goals.

When poor performance is attributed to a lack of knowledge, team members are most likely to respond by undergoing training. This will give them the required knowledge.

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The category of complainers called irates has a very optimistic sense of the potential positive consequences of all types of com
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what is optimist character like?

Optimists don't ignore troubles or fake lifestyles is best. They simply select to cognizance on what's properly approximately a scenario and what they can do to make things higher. Optimists have true self belief due to the fact they may be organized: They understand they need to study in the event that they need to ace a hard take a look at.

Does optimistic suggest nice?

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Is being optimistic a strength?

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