The EDD Rule Minimizes the Maximum of Jobs Past Due

question 56

True/False

The EDD rule minimizes the maximum of jobs past due but doesn't perform well on average flow-time, WIP inventory or resource utilization.

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Definitions:

Strawberries

A sweet, soft, red fruit with a seed-studded surface, commonly consumed fresh, in preserves, or as part of various dishes and desserts.

Interest Rate

The percentage of an amount of money which is charged for its use per some period of time, often annually.

Real Rate

The interest rate adjusted for inflation, reflecting the true cost of borrowing or the true return on investment.

Nominal Rate

The interest rate before adjustments for inflation, as opposed to the real rate, which is adjusted for inflation.