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What Are Any Three Common Heuristics That Can Be Used

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Essay

What are any three common heuristics that can be used to schedule resources in a multiproject environment? Comment on their advantages and disadvantages.


Definitions:

Gross Income

The total income earned before any deductions or taxes are subtracted.

Back-end Ratio

A debt-to-income ratio that calculates the percentage of a person's gross income going toward paying all debt obligations, including mortgage and auto loans.

Expenses

Costs incurred or money spent on goods and services.

Escrow Account

An escrow account is a financial arrangement where funds or assets are held by a third party on behalf of two other parties in the process of completing a transaction.

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