There Are 5 Jobs (A, B, C, D

question 135

Essay

There are 5 jobs (A, B, C, D,
E) that need to be completed in a work centre. The due dates are the 10th, 13th, 8th, 20th, and 15th respectively with process times of 7, 12, 7, 20, and 10 respectively as well. If today is the 1st of the month calculate the critical ratio for each and use this value to sequence the jobs in the order they should be started.

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Definitions:

Probability

A measure of the likelihood that an event will occur, often expressed as a number between 0 and 1.

Probability

A measure of the likelihood that an event will occur, expressed as a number between 0 (impossibility) and 1 (certainty).

Notation P(A)

In probability theory, a notation representing the probability of event A occurring.

Precision

The quality of being exact, accurate, and carefully defined.