Which of the Following Scheduling Algorithms Gives the Minimum Average

question 15

Multiple Choice

Which of the following scheduling algorithms gives the minimum average waiting time for a given set of processes?

• A) SJF
• B) FCFS
• C) RR
• D) Multilevel queue

Calculate and interpret the carrying amount of an asset.

Recognize and account for gains or losses on disposal of assets.

Understand the concept and accounting treatment of asset impairment.

Determine the impact of depreciation and asset disposal on financial statements.

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Definitions:

Total Utility

The total satisfaction or benefit received by consuming a product or service.

Budget Line

A graphical representation showing all possible combinations of two goods or services that a consumer can afford with their income, given the prices of the goods.

Indifference Curve

A graph showing different bundles of goods between which a consumer is indifferent, indicating the same level of satisfaction.

Marginal Utility

The extra pleasure or benefit obtained from the consumption of an additional unit of a product or service.