Question 1

Required:

a) Prepare alternative schedules based on the following priority rules: SOT, FCFS, EDD, STR, CR and another ruleLongest Processing Time (LPT), which orders jobs according to longest assigned first, second-longest assigned second, and so on. Consider lateness as being equivalent to tardiness, therefore every instance of early completion, i.e. Flow Time

b) Prepare a summary table showing each priority rule, the respective total late fines and the total net income (total net income = total income total late fines) for each priority rule.

c) Which rule provides Bill with the best schedule? (For the sake of simplicity, assume that consulting work is performed seven days a week.)

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Hi there, can you please answer these parts in a neat format please, it will be much appreciated. Will give upvote. Thanks :D

CASE : PRIORITY RULES AT TRYTECH LIMITED Brillian Carkenea, managing partner at a Trytech consulting firm, has requested your expert advice in devising the best schedule for the following consulting projects, starting on July 2 . The consulting firm charges a flat rate of $5,000 per day (e.g. If the length of a consultancy =9 days, the fee charged to that company =$45,000($5,000x9). All eight firms impose fines for lateness. Mitville charges a $375-per-day fine for each day that the completion of the consulting work is past the due date; Pointech charges a fine of $400-per-day for each day late; Letwork charges a fine of $300-per-day for each day late; Chem Services charges a fine of $325-per-day for each day late; Zap Research charges a fine of $450-per-day for each day late; Select Pro charges a fine of $350-per-day for each day late; Opher \& Sons charges a fine of $425-per-day for each day late and Azolph Group charges a fine of $275-per-day for each day late