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A manufacturer's average WIP inventory for Part #2934 is 925 parts. The workstation produces parts at the rate of 255 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 925 parts. The workstation produces parts at the rate of 255 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
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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 925 parts. The workstation produces parts at the rate of 255 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

B7 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 A 4 X Throughput (R) 1 Little's Law 2 3 Enter any two of the three values only in the yellow cells 4 and the spreadsheet will calculate the third. 5 Work-in-process (WIP) fx Throughput (R) Flow time (T) Work-in-process (WIP) B Little's Law Flow time (T) 0.16666667 =1/6 + 50 D 8.33 с ⒸCengage Learning Not for commercial use. E F G H J
Transcribed Image Text:B7 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 A 4 X Throughput (R) 1 Little's Law 2 3 Enter any two of the three values only in the yellow cells 4 and the spreadsheet will calculate the third. 5 Work-in-process (WIP) fx Throughput (R) Flow time (T) Work-in-process (WIP) B Little's Law Flow time (T) 0.16666667 =1/6 + 50 D 8.33 с ⒸCengage Learning Not for commercial use. E F G H J
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