shortest processing time
Also found in: Acronyms.
Also found in: Acronyms.
References in periodicals archive
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Ramaswamy said as far as the retail loans are concerned, the bank s unique selling proposition is its shortest processing time. The bank recorded a total business of Rs 3.91-lakh crore in 2011-12.
In multi stage job problems, simple priority dispatching rules such as shortest processing time (SPT) and earliest due date (EDD) can be used to obtain solutions of minimum total processing time, but may not sometimes give sequences as expected that are close to optimal (Modrak & Pandian, 2010).
The other methods which are having only one tardy job are the Shortest Processing time method and the Largest Processing time method.
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