Posted in Operations and Supply Chain Terms, Total Reads: 2329
Definition: Little’s Flow Equation
Little’s flow equation is derived from the little’s Law which tells us about the average waiting time with the help of average waiting line length or queue length and the average customer arrival length.
For instance , at a Mc D store in a metro city the average line length is 45 and average serving rate is 100 customers per hour. Or, Lq =45 throughput=35 hence, Wq= 45/100 =0.45