Why is it important to look at aggregate flow performance, as measured by average inventory, average flow time, and average throughput?
Answer to relevant QuestionsDiscuss why it is often easier to measure average inventory and average throughput rather than aver-age flow time. Is there a difference between flow time and takt time? Illustrate with an example. A triage system has been proposed for the ER described in Exercise 3.4. Under the proposed triage plan, entering patients will be registered as before. They will then be quickly examined by a nurse practioner who will ...A home insurance application consists of two forms: F1, which relates to the home owner, and F2, which relates to the property. On receipt, each application is processed, recorded, and separated into F1 and F2. This ...Suppose you purchase a part from a supplier for a unit cost of $ 4 with which you assemble red widgets. On average, you use 50,000 units of this part each year. Every time you order this particular part, you incur a sizable ...
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