The Table Below Includes Processing Times and Due Dates for Five

question 20

Essay

The table below includes processing times and due dates for five jobs.
$$\begin{array} { c c c } & \text { Processing } & \text { Days Due } \\\text { Job } & \text { Time days) } & \text { Fram Today } \\\hline \text { A } & 16 & 24 \\\text { B } & 23 & 30 \\\text { C } & 22 & 40 \\\text { D } & 8 & 28 \\\text { E } & 10 & 18\end{array}$$
a. Use the Shortest Processing Time Rule (SPT) to determine the average flow time.
b. Use the Earliest Due Date Rule (EDD) to determine the average lateness.

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Definitions:

Financial Advantage

The benefit or edge gained in financial terms, often through investment, cost-saving strategies, or superior financial planning.

Constrained Resource

A resource in limited supply that restricts a company's ability to meet production demands or goals.

Profitability Order

This term does not refer to a specific accounting or financial metric but generally could mean prioritizing products, services, or projects based on their profitability.

Current Profitability

The measure of a company's current profit levels, often assessed through metrics like net income or operating profit.