Examlex
If using critical ratio (CR) as the scheduling rule, the job with the smallest ratio of time remaining until due date to the processing time remaining has the lowest priority.
Rule of Thumb
A general principle that provides practical instructions for accomplishing or approaching a certain task.
Reservation Price
The maximum price a buyer is willing to pay for a good or service, beyond which the buyer will forego the purchase.
Bundling
Bundling refers to the marketing strategy where multiple products or services are sold as a single combined package, often at a discounted price compared to buying each item individually.
Sales Revenue
The total amount of money generated by the sale of goods or services before any costs are subtracted.
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