Description: Extended Priority Scheduling is a process management algorithm that expands the concept of priority scheduling by incorporating additional factors into decision-making. In this approach, each process is evaluated not only based on its assigned priority but also considers other elements such as wait time, execution time, and the age of the process in the waiting queue. This allows for a more balanced and fair management of system resources, preventing issues like starvation of low-priority processes. Extended priority scheduling aims to optimize system performance by ensuring that all processes have the opportunity to execute while prioritizing those that require immediate attention. This type of scheduling is particularly useful in environments where multiple processes compete for limited resources, such as multitasking computing systems. By combining priority with other factors, greater efficiency is achieved, and user experience is improved, as response times are minimized and available resources are maximized. In summary, extended priority scheduling is a sophisticated approach that seeks to balance efficiency and fairness in process management within a computing system.