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A manufacturer's average WIP inventory for Part #2934 is 755 parts. The workstation produces parts at the rate of 295 parts per day. Use the Excel template Little's Law to find the average time a part spends in this workstation. Round your answer to two decimal places.    days

A manufacturer's average WIP inventory for Part #2934 is 755 parts. The workstation produces parts at the rate of 295 parts per day. Use the Excel template Little's Law to find the average time a part spends in this workstation. Round your answer to two decimal places.    days

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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A manufacturer's average WIP inventory for Part #2934 is 755 parts. The workstation produces parts at the rate of 295 parts per day. Use the Excel template Little's Law to find the average time a part spends in this workstation. Round your answer to two decimal places.

   days

 

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