Assume that your producers will be able to spike and generate messages faster than your consumers can process them. This is normal! This is why you have a queue in the first place! If your jobs take 5 seconds or 5 hours, your strategy is influenced by the answers to those three questions. For example -- if you're willing to drop a message if a consumer gets power-cycled, then yeah, you'd immediately ack the request and put it back onto a dead letter queue if your consumer runs into an exception. Alternatively, if you're unwilling to block and you want to be very tolerant of consumer failure, you'd fan out your queues and have your consumers checking multiple queues in parallel. Etc etc etc, you get the drift.
Keep in mind also that this isn't specific to RabbitMQ! You'd want to answer the same questions if you were using SQS, or if you were using Kafka, or if you were using 0mq, or if you were using Redis queues, or if you were using pg queues.