The Sequencing Rule That Minimizes Average Tardiness for a Set

question 34

Multiple Choice

The sequencing rule that minimizes average tardiness for a set of jobs to be processed on one machine is

• A)first-come-first served (FCFS).
• B)longest processing time (LPT)
• C)shortest process time (SPT)
• D)due date (DDATE).

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Definitions:

Sales Forecast

An estimate of the amount of sales that a business expects to achieve in a future period.

Finished Goods Inventory

Finished Goods Inventory consists of all completed products that are ready for sale but have not been sold yet.

Production Units

The measurable amount of goods or services produced over a specific period of time.

Master Budgeting

A comprehensive financial planning document that encompasses all of a company’s budgets, including sales, production, and financial budgets.