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Do you hear people throwing around words like probabilistic and deterministic forecasting, and you aren't sure exactly what they mean?

Using Little's Law requires more than plugging numbers into an equation. It takes an understanding of the underlying assumptions as well.

Did you know that a challenge from a student triggered John Little to create Little's Law? Did you know it didn't start with him? Read more!

Little's Law is an equation that relates three basic metrics of flow. As in equal. Not approximate. But it isn't that simple in reality.