Little's Law Is the Mathematical Relationship Than Computes the Average

question 71

Short Answer

Little's Law is the mathematical relationship than computes the average throughput time for items based on ______ inventory and the actual output rate.

---

Definitions:

Closing Purpose

The primary goal of concluding a sale or negotiation, typically involving securing agreement or commitment from the other party.

Summary-of-benefits Close

A sales technique that highlights the advantages or positive outcomes of a product or service, leading to a close.

Alternative-choice Close

A sales technique where the customer is given a choice between two options, both leading to a sale, making it easier for them to make a decision without feeling pressured.

Compromise Close

A sales closing technique where the seller and buyer agree on a mutually beneficial solution to overcome any remaining objections to the sale.