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Jack's Refrigeration Repair is under contract to repair,recondition,and/or refurbish commercial and industrial icemakers from restaurants,seafood processors,and similar organizations.Jack currently has five jobs to be scheduled,shown in the order in which they arrived.
(a)Complete the following table.(Show your supporting calculations below).
(b)Which dispatching rule has the best score for flow time?
(c)Which dispatching rule has the best score for work-in-process (jobs in the system)?
(d)Which dispatching rule has the best score for lateness?
Market Value
The current value at which an asset or company can be bought or sold on the open market.
Financial Position
A company's monetary resources and obligations at a given point in time, reflected in its balance sheet.
Net Working Capital
The gap between a firm's existing assets and its immediate liabilities, showing the company's short-term financial stability.
Accounts Receivable
Financial dues customers hold with a company for the provision of goods or services, awaiting recompense.
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