Earliest Due Date Is a Shop Floor Dispatching (Sequencing) Rule

question 62

True/False

Earliest due date is a shop floor dispatching (sequencing) rule that relates the time available to complete a job to the amount of work left to be completed.

---

Definitions:

Future Value

The estimated amount that an investment will grow to over a period of time at a specified rate of interest.

Compounded Annually

Refers to the process of earning interest on both the initial principal and the accumulated interest from previous periods, calculated once per year.

Future Value

The estimated value of an investment or loan including interest or dividends, at a specific future date.

Ordinary Annuity

A series of matching financial discharges made at interval ends throughout a fixed term.