Category

Agile Methodologies

Lead time: Applying Little’s Law to track it

Lead time: Applying Little’s Law to track it

“The average number of work items in a stable system is equal to their average completion rate, multiplied by their average time in the system.” ~ John Little, 1961   The text above is from "A Proof for the Queuing Formula" by Little, J. D. C. (1961). It is knows...

read more
7 ways to track lead time

7 ways to track lead time

7 Ways To Track Lead-Time from paulocaroli   Abstract: Measuring lead time is important and is a key performance indicator (KPI) that every Agile team should track. Poor lead time causes bottlenecks in the team production flow, inefficiencies, delay costs, not to...

read more
Little Law, lead time, cycle time and throughput

Little Law, lead time, cycle time and throughput

In this blog post, the concepts of Little’s Law, lead time, cycle time, and throughput are explored through an analogy involving whisky bottles. Two problem statements concerning whisky consumption and purchases are presented, leading to the derivation of key parameters such as work in progress (WIP), throughput, cycle time, and lead time. The post offers two solutions that highlight the equivalence of the formulas employed, simplifying intricate concepts in queuing theory for readers. Additionally, the Cumulative Flow Diagram is introduced as an efficient tool for visualizing and managing work processes.

read more

Pin It on Pinterest