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(Solved): Problem 5 (15 Marks) A banks mortgage department must process the following six jobs to maximize ...
Problem 5 (15 Marks) A bank’s mortgage department must process the following six jobs to maximize client satisfaction. These mortgage jobs arrived in the order mentioned in the table Mortgage Processing time (days)
a. Sequence the mortgage using FCFS rule. (Marks: 2)
b. Sequence the mortgage using SPT rule. (Marks: 2)
c. Sequence the mortgage using EDD rule. (Marks: 2)
d. Compare average flow time, average and maximum lateness, average and maximum tardiness for these three sequencing rule and interpret the result (Marks: 9)
\begin{tabular}{|c|c|c|} \hline Mortgage & Processing time (days) & Due date \\ \hline 1 & 17 & 50 \\ \hline 2 & 9 & 17 \\ \hline 3 & 20 & 71 \\ \hline 4 & 12 & 25 \\ \hline 5 & 22 & 37 \\ \hline 6 & 19 & 60 \\ \hline \end{tabular}
Expert Answer
Solution: A bank’s mortgage department must process the following six jobs to maximize client satisfaction. These mortgage jobs arrived in the order mentioned in the table Mortgage Processing time (days) Mortgages Processing time (days) Due date (day