Job a Has a Flow Time of 20 Days, Job

question 72

Short Answer

Job A has a flow time of 20 days, job B has a flow time of 13 days, job C has a flow time of 12 days, and job D has a flow time of 15 days. If the time it takes to finish all four jobs (as a whole batch) is 15 days, what is the average number of jobs in the system?

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Definitions:

Economic Growth

The increase in the inflation-adjusted market value of the goods and services produced by an economy over time.

Business Cycle

The natural rise and fall of economic growth over time, consisting of periods of expansion, peak, contraction, and trough.

Successive Peaks

Repeated achieving of higher levels or values in a given sequence, often used in the context of economic growth, stock market performance, or other measurements of success.

Contraction

A phase of the business cycle where there is a decline in national output and economic activity.