Examlex
A defined benefit plan must reduce the $215,000 (in 2017) maximum benefits payable by one-tenth for each year of participation under 10 years that an employee has performed.
Flow Shop
A production system where operations are arranged in a sequence, and products flow from one operation to the next with little to no variation in the process paths.
Most Following Tasks Heuristic
A scheduling heuristic that prioritizes tasks based on the number of tasks that immediately follow them in a project network diagram.
Efficiency
The capacity to complete a task using the least amount of time and resources possible.
Maximum Cycle Time
The longest allowable period for completing a cycle or process from start to finish.
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