Which of the Following New Product Categories Carries the Greatest

question 85

Multiple Choice

Which of the following new product categories carries the greatest risk?

• A)New product lines
• B)Product replacements
• C)New-to-the world products
• D)Additions to existing lines

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Definitions:

SPT

Shortest Processing Time, a rule used in job sequencing to decrease the total amount of time required to complete a set of jobs by processing the shortest job first.

LPT

Longest Processing Time; a rule used in job scheduling that sequences jobs in decreasing order of their processing times.

Due Date

The specific date by which something is supposed to be completed or paid.

Priority Rules

Guidelines used in manufacturing and project management to determine the order in which tasks or jobs should be executed based on their importance.