Question 1 A manager has requested your expert advice in devising the best schedule for the following consulting projects, starting on July 2nd Description of Consultation Call received Due date (close of business) Tasks Length (days) Company Date Time 1. 8 Mitzville July 1 8am July 10 II. 4 Pointech July 1 9am July 8 III. 2 Letwork July 1 10am July 9 IV. 5 Chem Services July 1 11am July 15 V. 1 Zap Research July 1 1pm July 7 VI. 6 Select Pro July 1 2pm July 14 VII 3 Opher and Sons July 1 3pm July 6 VIII. 7 Azolph Group July 1 4pm July 12 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 ($5,000 x 9). 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 lateand Azolph Group charges a fine of $275-per-day for each day late. A. Prepare alternative schedules based on the following priority rules: SOT, FCFS, EDD, STR, CR and another rule-Longest 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 < Due Date = 0.2. 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.) D. Give reasons for your answer to question 3. (above).