At Morgan's Transformer Rebuilding,five jobs are ready now for dispatching to a machine center.The processing times and due dates for the jobs are given below.Use earliest due date to sequence the jobs,and calculate the average completion time,the average job lateness,and the average number of jobs in the machine center.
Definitions:
Direct Labor Time Variance
The difference between the actual time taken to manufacture a product and the standard time expected, multiplied by the wage rate.
Direct Labor Time Variance
The difference between the estimated time for production and the actual time taken, multiplied by the wage rate.
Direct Labor Rate Variance
The difference between the actual cost of direct labor and the standard cost, indicating efficiency in labor usage.
Direct Labor Rate Variance
The difference between the actual labor cost incurred and the expected (or standard) labor cost for the actual production level.
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