Used to calculate a utilization percentage from the relationship between WIP and flow times. It shows how wait times increase dramatically as utilization approaches 100%.
— Making Work Visible, Second Edition, Dominica Degrandis
Kingman’s Formula
1 of our books defines this term.
See also A3 · Capacity Utilization · Conflicting Priorities · Constraint · Context Switch · Cycle Time
Filed under Flow & Lean