I think 'wait time' is a misnomer, as it can be mistaken for waiting == inactivity, which is not what this means. Processing time or maybe (in terms of human customers 'dwell time') seems to be more intuitive to me .
Could I ask a question about how Steady state system still works in practice if there are scraps or defects that occur during the production system? Scraps or defects will make the number of finished goods less than the number of raw material, right?
Excellent! I struggled with this concept for quite some time. You have done a great job in explaining this, Thank you.
Well done. Very clear explanation with good examples to support the explanation.
GREAT JOB, CLEAR AND TO THE POINT
I think 'wait time' is a misnomer, as it can be mistaken for waiting == inactivity, which is not what this means.
Processing time or maybe (in terms of human customers 'dwell time') seems to be more intuitive to me
.
Love this!
super helpful, thank you
thanks
perfect
Exit rate and capacity are the same?
At some hotels, less guests leave than enter. Afghanistan, Somali...
Could I ask a question about how Steady state system still works in practice if there are scraps or defects that occur during the production system? Scraps or defects will make the number of finished goods less than the number of raw material, right?