Which of the Following Is the Objective of Johnson's Rule

question 3

Multiple Choice

Which of the following is the objective of Johnson's rule?

• A)minimize makespan
• B)maximize makespan
• C)maximize average flow time
• D)minimize critical ratio

---

Definitions:

Call Premium

The additional amount over the bond's face value that must be paid to call a bond before its maturity date.

Put Contract

An options contract that gives the holder the right to sell a specified amount of an underlying security at a specified price within a specified time.

Put Premium

The price that must be paid to purchase a put option, which gives the holder the right but not the obligation to sell a specified quantity of an underlying asset at a set price within a specified time.

Maximum Profit

The highest possible financial gain achievable from an investment or business operation, often estimated under ideal conditions.