Table 15-4 Shakti Inc. Has Been Granted a Patent for Its Arnica

question 261

Multiple Choice

Table 15-4

Shakti Inc. has been granted a patent for its Arnica toothache balm. Table 15-4 shows the demand and the total cost schedule for the firm.
-Refer to Table 15-4.What is the amount of Shakti's profit?

• A)$68
• B)$72
• C)$124
• D)$192

---

Definitions:

LPT

An abbreviation often used in manufacturing or project management, commonly standing for Longest Processing Time, a heuristic for scheduling.

EDD

Earliest Due Date, a scheduling method prioritizing tasks based on their due dates, aiming to minimize late jobs.

Dispatching Rule

A set of guidelines or criteria used for determining the sequence of tasks or the allocation of resources in a production process.

Flow Time

The total time a product spends in a manufacturing or service process from start to finish.