I suppose that if it has multiple VFDs you can, i.e. one schedule per VFD
What are you trying to achieve? Do you want some loops to execute faster than others? E.g. flow faster than temperature? There are other ways of doing that, e.g. by executing the associated blocks more than once per macrocycle. This is called subschedule and may be what you are looking for.
Take a look at chapter 4 of the yellow book "Fieldbuses for Process Control: Engineering, Operation, and Maintenance" buy online: http://www.isa.org/fieldbuses
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