Which CPU scheduling algorithm assigns each process a fixed small time slice (quantum) and cycles through the ready queue, making it well suited for time-sharing systems?

Round Robin scheduling allocates a fixed time quantum to each process in the ready queue in a cyclic manner, ensuring fair CPU distribution and making it particularly suitable for interactive, time-sharing systems. Shortest Job First selects the process with the smallest burst time, First Come First Served processes requests strictly in arrival order, Priority Scheduling executes based on assigned priority values, and Multilevel Queue Scheduling divides processes into separate queues based on category, each potentially using a different algorithm.