Description
OPERATIONS requires the use of quantitative methods to ensure processes are effectively managed. This week we look at several measuring opportunities:
- Little’s Law
- Throughput time
- Capacity and Bottleneck
- Flow rate
Complete the following problems from Chapter 6
Problem 1 (Problems Section: pg. 115)
Problem 2 (Problems Section: pg. 115)
Problem 5 (Problems Section: pg. 116)
This is an individual assignment. Please use Excel to complete your quantitative problems.
IMPORTANT: While only writing the solution is acceptable, we highly recommend that you show all your work for your quantitative problems. If we can see each step in the problem-solving process, you may receive partial credit, even if your answer is incorrect.
