Using Little's Law to estimate cycle time and cost

  • Authors:

  • Kristin Rust

  • Affiliations:

  • Center for Operations Research, Austin, TX

  • Venue:
  • Proceedings of the 40th Conference on Winter Simulation
  • Year:
  • 2008

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Abstract

Well designed models can provide timely answers and summarize understanding of complex systems. Simple use cases can illustrate the applicability and inferences possible with even the most general models. This paper uses Little's Law to demonstrate the prediction of fab operating conditions and associated cost implications.