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Five jobs are waiting for processing through two work centres.Their processing time (in minutes) at each work centre is contained in the table below.Each job requires work centre Alpha before work centre Beta.According to Johnson's rule,what is the optimum sequence of jobs and the minimum time for completion of all jobs?
Activity Variance
The difference between planned levels of activity and actual levels, often analyzed to improve budgeting and operational efficiency.
Wages And Salaries
Payments made by businesses to their workforce, which may be calculated on an hourly, daily, or yearly basis, encompassing both fixed salaries and variable wages.
Budgeting
The process of preparing detailed financial plans, forecasting revenues and expenditures, and setting financial goals.
Net Operating Income
This metric measures the profitability of a business from its primary operations, excluding expenses from financing and taxes.
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