Examlex
For a minimization problem, the optimistic approach often is referred to as the __________ approach.
Cycle Time
The total time from the beginning to the end of a process, which includes both processing and waiting times.
Maximum Cycle Time
The longest duration permitted for completing one cycle of a production process, defining the upper limit of process efficiency.
Efficiency
The ratio of output generated to the input used, illustrating how well resources are being utilized to produce desired results.
Flow Shop
A production system where operations are arranged in a sequence, and products flow from one operation to the next with little to no variation in the process paths.
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