Problem $22-11($Static$)$

Bill Edstrom, managing partner at a biomedical consulting firm, has requested your expert advice in devising the best schedule for the following consulting projects, starting at the beginning of the day on February $2.$

The consulting firm charges a flat rate of $$4,000$ per day. All four firms impose fines for lateness. Reardon Biotech charges a $$500-$perday fine for each day that the completion of the consulting work is past the due date; Vertex Pharmaceuticals, Novartis, and OSI Pharmaceuticals all charge a fine of $$1,500$ per day for each day late.

Prepare alternative schedules based on the following priority rules: SOT, FCFS$,$ EDD, STR$,$ and another rule$-$longest processing time $($LPT$),$ which orders jobs according to longest assigned first, second longest assigned second, and so on$.$ For the sake of simplicity, assume that consulting work is performed seven days a week.

a$.$ Calculate the total costs $($sum of the late fines$)$ for each rule.

$\backslash$table$[[$Priority Rules,Costs$],[$SOT$,],[$FCFS$,],[$EDD$,],[$STR$,],[$LPT$,]]$