LE 3D C3 Bank Inflow Little Law

xlsx

School

Clemson University *

*We aren’t endorsed by this school

Course

8060

Subject

Industrial Engineering

Date

Feb 20, 2024

Type

xlsx

Pages

14

Uploaded by SargentEnergyKouprey40

Report
Name: ARYAN NAHAR Purpose of Exercise Examine the relationship of Inventory, F Flow Rate "… the number of flow units that flow th The total inflow rate is "the sum of the … Intantaneous flow rate --R(t) The flow rate at a specific point in time t Inventory "… the total number of flow units presen I(t) "the total number of flow units present w Inventory Dynamics inflow and outflow rates fluctuate over t Instantaneous inventory accumulation (b Total inflow rate -- R i (t) Δ R(t) ∆𝑅(𝑡)= 𝑅
Buildup Rate Equation 3.1 Inventory Change Equation 3.2 Inventory Change = B Inventory Buildup Diagram Depiction of inventory fluctuation over t Average flow time Stable Process Little's Law Equation 3.3 Average Inventory (I) = Throughput KEY POINTS ABOUT PROCESSES 1 These are: i) Connection (i.e., one a shown by ii) Buffers for waiting (w or in a que iii) Activity or processing 2 a flow unit. Selection of the flo medical process could be analy being treated, or from the view dollars generated and dollars co Process Flow Diagram EXERCISE Scenario A bank has a process in which customer stand in a queue to wait their tu turn they go to the bank teller a "… the average flow time [is] the averag specif span of time." "A stable process is one in which, in the rate. " All work is done through proc A process flow diagram is a sim 𝐼=𝑅×𝑇 ∆𝑅(𝑡)= 𝑅 I(𝑡_2 )−𝐼(𝑡_
5 people in line waiting 4 minutes. On average Another 8 customer p The bank gathered the followin About 20% of custome On average, 0.5 20 minutes with the loan 1 Is this system stable for this hour? YES IT IS STABLE RI=RO 2 What is the flow unit in this example? THE BANK CUSTOMER 3 Draw the process flow for the above sc Use Little's Law to calculate unknown R= 12 12 R= 0.2 per minuteper minute I 5 R= 8 =D77 R= 0.333 R= 0.133333 per minute T=I/R= 15.015015 4 How many customers are within the sy (i.e., what is average inventor 8.165 5 How many customers are in process w (i.e., what is average inventor 1.333 I system = I teller = Enter Front Door Enter Back Door teller Teller
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
6 What is the average flow time of a cus after seeing the teller (i.e., wh Teller Only= 19.01502 7 How many customers are in process w 1.332 8 What is the average flow time of a cus (i.e., consider only one path)? 46.52252 9 What is the average SYSTEM flow tim (i.e, all paths, from loan agent Calculate this using Little's L 24.45 10 Use a second method to calculate syste Use weighted average of path Path Weight T*w Teller->Exit 19.015 80% 15.21201 Teller->Loan Agent->Exit 46.5225 20% 9.304505 24.51652 =E133+E I loan agent = T agent = T system =ISystem/RSystem= Flow Time T system =
Flow Time and Flow Rate in a stable system using Little's Law. hrough a specific point in the process per unit of time…" (p. 49) … inflow rates.. From the …entry points." (p. 49) t (p. 49) nt within process boundaries." (p. 49) within process bundaries at time t", the process inventory at time t (p. 49) time, so inventory increases (i.e., builds up) or decreases over time (p.50) buildup) rate (p.50) 𝑅_𝑖 (𝑡)−𝑅_𝑜 (𝑡)
Buildup rate X Length of time interval (p.50) time (p. 51) p. 55 t (R) X Average Flow Time (T) activity preceeds another or is in parallel and this precedence is how they are connected); whether planned or because of delays, this can be a physical line eue of paperwork); g. This is where something is done to a flow unit ow unit determines our perspective. For example, the same yzed from the viewpoint of the patient of medical supplies used, or from the view of onsumed during the process. rs may enter the bank from multiple locations. All customers enter and then urn to see the bank teller. When it is their and conduct business. During the 9 to 10 AM period, there are on average ge (of the flow times) across all flow units that exit the process during a e long run, the average inflow rate is the same as the average outflow cesses. All processes consist of very basic steps or elements. mplified abstraction of an actual process . It starts by selecting 𝑅_𝑖 (𝑡)−𝑅_𝑜 (𝑡) _1 )= ∆𝑅×(𝑡_2−𝑡_1 )
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
to be seen. The average processing time at the teller is 12 customer per hour enter the front door. per hour enter the back door. Over a 1 hour period the inflow rate ng additional data about customers during the same time period. ers arriving during this time leave the teller and go to a loan agent.; customers are waiting for a loan agent. They spend agent and then leave. The loan agents usally finish their work with these applicants ? cenario> Use the symbols, insert variables (I,R,T) below symbols or on arrows a n variables. Little's Law: I = R x T, so T = I/R I 20% R= 0.0666 I 0.5 1.332 R= 0.067 0.067 1.333 T=I/R= 7.507508 20 0.333 I 80% 4 R= 0.266 ystem ry in system)? =SUM(E101,F101,I99,J99,I98) 20 with the teller ry in one location)? =F101 Leave? loan agent Loan Agent
stomer who leaves hat is average system flow time)? =SUM(E103:F103) with a loan agent? customers =J99 stomer leaving the loan agent ? minutes =SUM(E103,F103,I101,J101) me of a customer t or teller)? Law. Little Law: I = R * T minutes =E108/O102 <--- Calculated using Little's Law em flow time. hs Flow Time Weight T*w =E116 =K102 =C133*D133 =E123 =G95 =C134*D134 minutes E134
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
= outflow rate before 10AM. as appropriate.. R= 0.334 0 R= 0.333 Exit
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help
Most common symbols for flow charts. This single arrow can be a connecting arrow, or it can show the throughput rate of flow Use the triangle to show units waiting in line or in storage. Do not combine waiting and The diamond represents a decision. In practice, different flow units follow di from this decision diamond. The square or rectangle shows the process. It is a "Doing" step. It can repres or it can represent a person doing something. This represents events that are typically not par tof the actual flow. They ma reader to know where the process starts and where it ends. They can be use as labels during the process. I= R= T= Decision Process Event
units entering d doing. ifferent paths sent a machine ake it easy for the ed End Teller teller Leave ?