Which of the Following Is NOT a Performance Evaluation Criterion

question 93

Multiple Choice

Which of the following is NOT a performance evaluation criterion for priority rules?

• A)average job flow time
• B)average number of jobs in the system
• C)average job tardiness
• D)average job setup time

---

Definitions:

Marginal Cost

The price involved in creating another unit of a good or service.

Break-even Price

The price at which total revenues equals total costs, resulting in neither profit nor loss.

Shut-down Price

The price level at which a business's revenue just covers its variable costs, below which it will cease operations.

Average Variable Cost

The average cost of variable inputs (like labor and materials) per unit of output produced.