Question: An organization celebrating remarkable results after a project completion, presented the following statement and results: Inventories are about forty percent of what they were three
An organization celebrating remarkable results after a project completion, presented the following statement and results:
Inventories are about forty percent of what they were three month ago. Throughput has doubled.
Using Littles relationship calculate how this success has affected flow time. Note that you are developing the relationship between before and after, we are not looking for percent change. Show all your work. Consider the following notations to discuss the response.
IB = Inventory before
RB = Throughput before
TB = flow time before
IA = Inventory After
RA = Throughput after
TA = flow time after
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