According to Little's Law, Which of the Following Can Be

question 14

Multiple Choice

According to Little's Law, which of the following can be used to estimate work-in-process inventory?

• A) Process time/Cycle time
• B) Throughput rate times Flow time
• C) Process velocity/Flow time
• D) Set up time/Throughput rate
• E) Value added time/Process velocity

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Definitions:

Portfolio Variance

A measure of the dispersion of returns of a portfolio from its mean, indicating the level of investment risk.

Portfolio Beta

A measure of the sensitivity of a portfolio's returns to market returns, representing its relative market risk.

Asset Beta

A measure of the risk of a firm's assets without the impact of debt, used to estimate the cost of equity in the capital asset pricing model (CAPM).