Question: Arms and Armour's new operations manager has redesigned the process to make the Beowulf sword. With the new process it takes 8 hours for each

Arms and Armour's new operations manager has redesigned the process to make the Beowulf sword. With the new process it takes 8 hours for each Beowulf to be made. Using the old Beowulf process, it took 15 hours to make a sword. The process makes one sword each hour, on average, and each Beowulf sword is worth $1,500.
How much has the WIP been reduced?

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