Refer to the Following Data for Jobs Waiting to Be

question 4

Short Answer

Refer to the following data for jobs waiting to be processed at a single work center (jobs are shown in order of arrival):
$$\begin{array} { l c c } \text { Job } & \begin{array} { c } \text { Processing Time } \\( \text { days } )\end{array} & \begin{array} { c } \text { Due Date } \\\text { (days from now) }\end{array} \\\hline \mathrm { A } & 2 & 2 \\\mathrm {~B} & 5 & 6 \\\mathrm { C } & 6 & 10 \\\mathrm { D } & 3 & 4 \\\mathrm { E } & 4 & 8\end{array}$$ What is the average completion time for the slack per operation (S/O) priority rule schedule? Average job tardiness? Average number of jobs at the center?

---

Definitions:

IASB

The International Accounting Standards Board (IASB) is responsible for developing and promoting the use of International Financial Reporting Standards (IFRS).

IFRS Foundation

The IFRS Foundation oversees the International Accounting Standards Board (IASB), which establishes International Financial Reporting Standards (IFRS).

IOSCO

The International Organization of Securities Commissions, which is a global body that sets standards for securities regulation.

IFRS for SMEs

An internationally recognized set of accounting standards designed specifically for small and medium-sized enterprises, simplifying the reporting process and disclosure requirements.