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What is the relation between Little’s Law and Lead Time? 

por Mauvisoft Team | Oct 8, 2020 | Understanding the lead time

The Little’s Law: Average Lead time = Average WIP / Average Delivery Rate   WIP (Work in Progress) – a number of items in the system overall or in certain stages (columns on the Kanban board).   To use Little’s Law it is important to meet several requirements:   items...

Why is it better to have a thin tail?

por Mauvisoft Team | Oct 8, 2020 | Understanding the lead time

A fat, long tail affects your planning because the simple forecasting equations (such as Little’s Law and the use of regression to the mean) can`t be used with a fat-tailed curve because these equations use the mean value (the arithmetic average), and the concept of...

How to Read Lead Time Distribution

por Mauvisoft Team | Oct 8, 2020 | Understanding the lead time

Having instrumentation data from your process doesn`t mean you now understand your lead time. Let`s explore how to read a lead time histogram and use this data in the communication with your client.   Step 1 – Building the Lead Time Histogram   Let`s start with...

Five Things You Need to Know about Lead Time

por Mauvisoft Team | Sep 25, 2020 | Understanding the lead time

What is lead time and what does it tell you about? How do you calculate it and how can you use it? – Take a look at the answers to the most common questions people experience while learning about lead time with easy, clear and catchy examples. 1. What’s the difference...

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