What Is the Priority Rule That Sequences Jobs Using the Smallest

question 50

Multiple Choice

What is the priority rule that sequences jobs using the smallest ratio of due date from today to processing time?

• A) critical ratio
• B) earliest due date
• C) first come, first served
• D) longest processing time
• E) shortest processing time

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Definitions:

Quasi-contract Liability

Refers to the legal responsibility imposed by the court to prevent unjust enrichment when no actual contract exists between parties.

Implied Contract

A contract formed by the actions, behaviors, or circumstances of the parties involved, rather than by written or spoken agreement.

Promissory Estoppel

A legal principle preventing a party from retracting a promise made, when the other party has reasonably relied on that promise to their detriment.

Express Contract

An agreement with terms explicitly stated by the parties involved, either orally or in writing.