Recognizing the terms may be the most difficult part of the process- what is inventory, what is a flow-rate or flow time in a real-world situation can be difficult. See the four examples below for some product or service situations. TABLE 2.2 Examples of Flow Rates, Flow Times, and Inventory Champagne Industry Tablet Manufacturer Tablet U.S. Immigration Undergraduate Program Flow unit Visa application Bottle of champagne Student Flow rate Flow time 6 million apps per year 9 months 250 million bottles per year 3.5 years 20,000 tablets per day 5000 students per year 4 years 10 days Inventory 4.5 million applications 875 million bottles 20,000 students 200,000 tablets Post: From your own experience in a work or personal situation write a description of a service, product, service or other application where you can measure the: . Flow unit Flow rate .Flow time .Inventory Be sure to describe the situation clearly- then also clarify the measures properly that follow from your example for example- a rate is always measured in units per time. Inventory must be identifiable as units, etc.