Examlex
In a binomial tree created to value an option on a stock,what is the expected return on the option?
LPT Scheduling Rule
A priority rule used in scheduling where jobs are ordered in descending order of their processing times.
Due Date
The specified date by which a task or project is expected to be completed or a payment is due.
Johnson's Rule
A sequencing rule used in operations management for minimizing job completion time by ordering tasks based on the shortest processing times at two workstations.
Optimal Sequence
The most efficient or effective order in which a series of tasks, events, or activities should be completed to achieve the best outcome.
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