Most systems use a queue discipline known as
A) shortest processing time.
B) longest processing time.
C) FIFO.
D) earliest due date.
E) critical ratio.
C
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The company collects 70% of credit sales in the same month and the balance in the next month. Calculate the collections from the customers for the month of February.
Camellia, a merchandising company, has provided the following extracts from their budget for the first
quarter of the forthcoming year:
A business generally adopts a fiscal or calendar year by using that year-end on the first tax return for the business.
Answer the following statement true (T) or false (F)
Why might a firm use the quick ratio instead of the current ratio in its liquidity analysis?
a. It wants to target long-term debt instead of short term debt. b. Its accounts receivable are greater than its cash. c. Its inventory is not very liquid. d. It considers the cash flow amount in the quick ratio more important than the other liquidity ratios. e. Its notes receivable are greater than its cash.
A limitation of language translation is that some words do not have an equivalent meaning in another language
Indicate whether the statement is true or false