Little's Law: applications in semiconductors
This module is part of the Science of Supply Chain series, a suite of presentations where we explore the science of supply chain and its applications at Micron.
Little's Law is a fundamental principle in queuing theory and inventory management. This presentation offers an overview of Little's Law, and compares the concepts as applied to the service industry and to the production/semiconductor industry. Several examples are provided of the practical business applications of Little's Law at Micron.
