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A manufacturer's average WIP inventory for Part #2934 is 900 parts. The workstation produces parts at the rate of 275 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.

A manufacturer's average WIP inventory for Part #2934 is 900 parts. The workstation produces parts at the rate of 275 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.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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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 900 parts. The workstation produces parts at the rate of 275 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.

A В C D Little's Law ©Cengage Learning Not for commercial use. Enter any two of the three values only in the yellow cells and the spreadsheet will calculate the third. Throughput (R) Flow time (T) 0.16666667 50 Work-in-process (WIP) Throughput (R) Flow time (T) 1 2 Work-in-process (WIP) 8.33
Transcribed Image Text:A В C D Little's Law ©Cengage Learning Not for commercial use. Enter any two of the three values only in the yellow cells and the spreadsheet will calculate the third. Throughput (R) Flow time (T) 0.16666667 50 Work-in-process (WIP) Throughput (R) Flow time (T) 1 2 Work-in-process (WIP) 8.33
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