Exercises 6-10 Flashcards
(19 cards)
Priority rule FCFS
First Come, First Served
Priority rule SPT
Shortest processing time
Priority rule EDD
Earliest Due Date
Priority rule LPT
Longest processing time
Priority rule CR
Critical Ratio
Critical Ratio
Time remaining/Processing time remaining
Criteria to asses sequencing rules
Average finishing time (>)
Utilisation (>)
Average number of jobs in the system (<)
Average delay (<)
D
Demand (units per period)
c
Per unit value of the item
r
Annual cost of storing
IC
Issuing cost of a request
Q
Batch size
TC
Total annual cost
N
Number of annual requests
TC
D/QIC+Q/2r*c
Q*
Sqrt[2DIC/(r*c)]
N =
D/Q
Frequency of order
Time/N
Number of containers =
(Demand during delivery time + Security Stock)/Number of pieces per container