Practical Operations Management
Practical Operations Management
2nd Edition
ISBN: 9781939297136
Author: Simpson
Publisher: HERCHER PUBLISHING,INCORPORATED
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Chapter 14, Problem 13P
Summary Introduction

Interpretation: Critical ratio for the job alpha which requires 2 weeks of work and is due in 4 weeks.

Concept Introduction:

Critica ratio refers to the rule that merges the issue of due date and processing time together into one single value used to settle through the waiting jobs. It is also considered as a dynamic priority rule, in which the value changes as time passes, hence, the schedule must be progressively updated ratio to reflect the changes.

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