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A quoting department for a national publishing house completes 4 quotes per day, and there are 20 quotes in various stages in the department. Applying Little’s Law, the current lead time for a quote is how many days?

Respuesta :

Answer:

the number of days for the current lead time is 5 days

Step-by-step explanation:

The computation of the number of days for the current lead time is shown below:

Given that

According to Littles law,

Lead Time = Work in Progress ÷ Average Completion Rate

where,

Work in Progress = 20 quotes

And,

Average completion rate = 4 quotes per day

So lead time is

= 20 quotes ÷ 4 quotes

= 5 days

Hence, the number of days for the current lead time is 5 days

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