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Little's Law - Introduction (PowerPoint PPTX)

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HIGHLIGHTS

Author: Slidemaster

Immediate, digital download

File Type: 37-slide PowerPoint presentation (PPTX)

BENEFITS OF DOCUMENT

Introduction to Little's Law
Understand how Little's Law can be used in the optimization of processes
Understand the role of Little's Law in processes in a knowledge-based context.

DOCUMENT DESCRIPTION

This product (Little's Law - Introduction) is a 37-slide PowerPoint presentation (PPTX), which you can download immediately upon purchase.

Little's Law, is a significant regularity in queueing theory. It was proved by John D. C. Little in 1961.

Little's Law states that the average number of customers in a queuing system that is in a steady state is equal to the product of their average arrival rate and their average time spent in the system.

Although this seems intuitively reasonable, it is a result worth noting: it implies that this behavior is completely independent of the probability distributions used, and thus no assumptions need be made about the distribution of arrival times or dispatch discipline.

Little's Law is important in the context of process optimization, among other things. Especially in the context of process control based on Kanban, it is applied as an important approach with regard to the optimization of processes and throughput.

Contents

• Short Historical Intro of Little's Law
• Little's Law & Its Elements
• Necessary Assumptions for Little's Law to work
• Little's Law in a Knowledge Based Context (Kanban / Kanban IT)

Application

This presentation can of course be used as it is offered. It also contains a suggestion for an additional text for the presenter. However, it is recommended to adapt the presentation for one's own needs so that it can be used optimally tailored to the purpose intended by the presenter.

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Source: Little's Law - Introduction PowerPoint (PPTX) Presentation, Slidemaster

ABOUT THE AUTHOR: SLIDEMASTER

DETAILS

This business document is categorized under the function(s): Information Technology Organization, Change, & HR

It applies to All Industries

File Type: PowerPoint (pptx)

File Size: 3.2 MB

Number of Slides: 37 (includes cover, transition, & marketing slides)

Purchase includes lifetime product updates. After your purchase, you will receive an email to download this document.

Terms of usage (for all documents from Slidemaster)

Initial upload date (first version): Apr 19, 2021
Most recent version published: Apr 19, 2021

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