At Morgan's Transformer Rebuilding, a set of five jobs is ready for dispatching to a machine center. The processing times and due dates for the jobs are given in the table below. Use shortest processing time to sequence the jobs, and calculate the average completion time, the average job lateness, and the average number of jobs in the machine center.
Definitions:
Demand Pattern
The trend or tendency of buyers purchasing certain quantities of a product at various times.
Overstock
Occurs when a company holds more inventory than it can sell, potentially leading to high holding costs and reduced profitability.
Product Availability
The extent to which a product can readily be found in the market and is accessible to customers.
Tailored Postponement
A supply chain strategy where the manufacturing process is initiated but the final configuration of the product is delayed until the last possible moment to better meet customer demand.
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