Final answer:
Schedules should optimize production time while minimizing client wait times. Companies aim to strike a balance by allocating resources and time effectively to maximize efficiency and minimize customer wait times.
Step-by-step explanation:
Schedules should optimize production time while minimizing client wait times. When it comes to scheduling production, companies aim to maximize efficiency by allocating resources and time effectively. This involves determining the most optimal production processes, managing inventory levels, and minimizing setup and changeover times. At the same time, companies need to consider the needs and expectations of their clients, aiming to minimize wait times for products or services. By striking a balance between production time and client wait times, companies can achieve operational excellence and customer satisfaction.