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Prateek Singh and I recorded an episode of our Drunk Agile podcast to go over some Little's Law myths in more detail

Despite what you've heard, Little's Law is not about - and was never designed for - making deterministic forecasts about the future.

Allowing items to age arbitrarily is the single greatest factor as to why you are not efficient, effective, or predictable at delivering...

The Throughput form of Little's Law is based on five basic assumptions. Break any of those, and the equation doesn't work. Simple as that.