Explain little’s law?

1.	Explain little’s law?
Answer» Little’s LAW states that the AVERAGE NUMBER of work items in a stable environment is equal to their average completion RATE multiplied by their average time in the SYSTEM. Average wait time (Wq) = Average Queue length (Lq) x Average Processing rate (λ - Lamda) Work in Progress (WIP) = Throughput x Cycle Time (Average Time in the System)

Answer»

Little’s LAW states that the AVERAGE NUMBER of work items in a stable environment is equal to their average completion RATE multiplied by their average time in the SYSTEM.

Average wait time (Wq) = Average Queue length (Lq) x Average Processing rate (λ - Lamda)
Work in Progress (WIP) = Throughput x Cycle Time (Average Time in the System)

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Explain little’s law?

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