Examlex
A firm may decide to carry an unprofitable item in its product mix in order to provide a complete line for its customers.
Lateness
The occurrence of a task or delivery being completed past its expected or agreed-upon time.
Priority Rules
Guidelines or criteria used to determine the sequence in which tasks, projects, or products are addressed or processed.
Shortest Processing Time
A rule in production scheduling where jobs are sequenced based on ascending order of their processing times, with the shortest first.
Average Completion Time
The average duration taken to complete all tasks or processes within a specified set of operations or activities.
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