Dispatching Rules Are Typically Judged by Four Effectiveness Criteria: Average

question 16

True/False

Dispatching rules are typically judged by four effectiveness criteria: average completion time, utilization, average number of jobs in the system, and average customer satisfaction.

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Definitions:

Vacancy Model

A framework for analyzing the number of vacant positions within an organization and the strategies for filling them.

Internal Hiring

The practice of filling job vacancies with current employees rather than bringing in external candidates.

Annual Losses

The total amount of money lost by a company within a fiscal year, encompassing all expenditures that exceeded revenues.

Mass Customization

Mass Customization is a business strategy that combines the efficiency of mass production with the personalization of custom-made products, catering to individual customer preferences at scale.