question archive I want accurate answer with proper explanation show all your work please A firm has redesigned its production process so that now takes 10 hours for a unit to be made
Subject:Computer SciencePrice: Bought3
I want accurate answer with proper explanation show all your work please
A firm has redesigned its production process so that now takes 10 hours for a unit to be made. Using the old process, it took 15 hours to make a unit. If the process makes one unit each hour on average and each unit is worth $1,500, applying Little's Law what is the reduction in work-in-process value?