Which of the Following Statements Regarding Finite Capacity Scheduling (FCS)

question 45

Multiple Choice

Which of the following statements regarding finite capacity scheduling (FCS) is False?

• A) Finite capacity scheduling allows delivery needs to be balanced against efficiency.
• B) Finite capacity scheduling overcomes the disadvantages of systems based exclusively on rules.
• C) Finite capacity scheduling allows virtually instantaneous change by operators.
• D) Finite capacity scheduling software formalizes the same data needed in any manual system.
• E) None; all of the above are true.

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Definitions:

Security Market Line

A graphical representation of the expected return of all risky marketable securities as a function of their beta, or systemic risk, according to the capital asset pricing model.

Diversifiable Risk

Relates to the risk that can be reduced or eliminated from a portfolio by holding a variety of investments.

Non-Diversifiable Risk

A type of investment risk that cannot be eliminated through diversification, arising from factors that affect all companies.

Efficient Markets Hypothesis (EMH)

The hypothesis is that actual capital markets, such as the TSX, are efficient.