Use Johnson's rule to determine the optimal sequencing for the five jobs to be processed on two machines in a fixed order (Machine 1 before Machine 2).The processing times in hours are given in the table below.
a.What is the optimal sequence?
b.What is the total flow time for this sequence?
Definitions:
Variable Costs
Costs that vary directly with the level of production or volume of output, as opposed to fixed costs, which remain constant regardless of production levels.
Price
The amount of money required to purchase a good or service.
Income Statement
A financial statement that shows profits or losses at one point in time.
Profitability
The ability of a business to earn a profit, calculated as the difference between its revenue and expenses.
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