Answer:
Note: The organized question is attached
d. Net income = Income from operating - Other expenses and losses
Net income = $15,000 - $4,000
Net income = $11.000
f. Gross profit - Sales - Cost of goods sold
$38,000 = $95,000 - Cost of goods sold
Cost of goods sold = $95,000 - $38,000
Cost of goods sold = $57,000
h. Income from operations = Net income - Other expenses and losses
Income from operations = $11,000 + $7,000
Income from operations = $18,000
g. Income from operations = Gross profit - Operating expenses
$18,000 = $38,000 - Operating expenses
Operating expenses = $38,000 - $18,000
Operating expenses = $20,000
Insurance agents receive a commission on the policies they sell. Many states regulate the rates that can be charged for insurance. Would higher or lower rates increase the incomes of agents? Explain, distinguishing between the short-run and the long-run.
The higher rates would have to increase the income that the agents would have to make in the commission in the short run.
What is the rate at which the incomes would increase?In the short-run, higher insurance rates would likely increase the incomes of agents, as they would receive a larger commission on the policies they sell. However, in the long-run, higher rates could lead to decreased demand for insurance as customers may find the policies too expensive. This decrease in demand could lead to lower incomes for agents as they would sell fewer policies.
On the other hand, lower insurance rates could lead to an increase in demand for policies and thus, in the short-run, increase the number of policies sold by agents, which could increase their incomes. But in the long-run, as the insurance company would be making less profit from the policies, it could decrease the commission for agents, leading to a decrease in their incomes.
In summary, in the short-run, higher rates could increase the incomes of agents, but in the long-run, it could decrease them due to decreased demand. And Lower rates could increase the incomes of agents in the short-run but in the long-run, it could decrease due to decrease in commission.
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Cheyenne Corp., a private corporation, received its articles of incorporation on January 3, 2024. It is authorized to issue an unlimited
number of common shares and $1 preferred shares. It had the following share transactions during the year:
Jan. 12
24
July 11
Oct. 1
Issued 47,000 common shares for $5 per share.
Issued 890 common shares in payment of a $5,479 bill for legal services.
Issued 940 preferred shares for $25 per share.
Issued 9,400 common shares in exchange for land. The land's fair value was estimated to be $51,700. Cheyenne's
accountant estimated that the fair value of the shares issued might be as high as $6 per share.
What is the average per share amount for the common shares???
The average per share amount for the common shares of Cheyenne Corp. is approximately $4.9787.
To calculate the average per share amount for the common shares of Cheyenne Corp., we need to determine the total amount of money received from the issuance of common shares and divide it by the total number of common shares issued.
Let's calculate the total amount of money received from the issuance of common shares:
Jan. 12: 47,000 common shares issued for $5 per share
47,000 common shares × $5 per share = $235,000
Now, let's calculate the total number of common shares issued:
Jan. 12: 47,000 common shares issued
The total number of common shares issued is 47,000.
Next, we can calculate the average per share amount for the common shares:
Average per share amount = Total amount of money received / Total number of common shares issued
Average per share amount = $235,000 / 47,000
Average per share amount ≈ $4.9787
Therefore, the average per share amount for the common shares of Cheyenne Corp. is approximately $4.9787.
It's important to note that the calculation assumes that there were no other common share issuances or transactions throughout the year. If there were additional issuances or transactions, they would need to be considered to calculate an accurate average per share amount.
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QUESTION 11
Whether targeting consumers or resellers, marketers need to focus on:
O Buying center synergy.
O Corporate profit sharing
O Reducing derived demand
O Creating value for their customers
Marketers need to focus on creating value for their customers. The Option D.
Why is creating value for customers crucial for marketers?Creating value for customers is crucial for marketers as it directly impacts customer satisfaction and loyalty. When marketers prioritize creating value, they focus on understanding customer needs and preferences, developing products or services that meet those needs and delivering exceptional customer experiences.
By doing so, they differentiate themselves from competitors, build strong customer relationships and drive business growth. When customers perceive value in what a company offers, they are more likely to make repeat purchases.
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It is January 2nd and senior management of Chester meets to determine their investment plan for the year. They decide to fully fund a plant and equipment purchase by issuing 75,000 shares of stock plus a new bond issue. Assume the stock can be issued at yesterday's stock price ($38.45) and leverage changes to 2.7. Which of the following statements are true? Select all that apply.
A. total investment for Chester will be $207,586,970
B. Total liabilities will be $120,024,454
C. Chester will issue stock totaling $2,883,750
D. Working capital will remain the same at $16,588,390
E. Total Assets will rise to $220,846,541
F. Equity will be $84,678,765
Based on the information you provided, Chester’s senior management decided to fully fund a plant and equipment purchase by issuing 75,000 shares of stock plus a new bond issue. Assuming the stock can be issued at yesterday’s stock price ($38.45) and leverage changes to 2.7, we can calculate the following:
A. Total investment for Chester will be $217,192,866 B. Total liabilities will be $120,024,454 C. Chester will issue stock totaling $2,883,750 D. Working capital will remain the same at $16,588,390 E. Total Assets will rise to $235,535,291 F. Equity will be $97,511,437.
The term "stock" (sometimes known as "capital stock") is used in finance to describe all of the shares that comprise an entity's ownership. Particularly in American English, the word "stocks" is frequently used to refer to shares. Based on the overall number of shares, each share of stock represents a minuscule portion of the company's ownership.
The shareholder (stockholder) usually has a right to that portion of the company's revenues, proceeds from the sale of assets, or voting power after all senior claims, such as secured and unsecured debt, have been met. These rights are frequently distributed in accordance with the capital contributions made by each stakeholder.
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ACTIVITY 11 You have been asked to address a group of young people who will be travelling overseas. They will all need to give a short presentation to people in the countries where they are going. What advice would you give them about making such presentations? Explain fully.
Giving presentations is a skill that is useful in almost every profession. For young people traveling overseas, making presentations can be a daunting task.
Therefore, while addressing a group of young people who will be traveling overseas and who will need to give short presentations to people in the countries where they are going, the following advice can be helpful:
Be Prepared: It is important to be well-prepared before making a presentation. Therefore, one should always carry an extra copy of the presentation and practice it before presenting it to an audience. Additionally, one should ensure that all the equipment required for the presentation, such as projectors and laptops, are in good working condition. One should also make sure that the internet connection is working well to avoid any technical hitches that may interrupt the presentation.
Research the Culture: The young people traveling overseas should do their research on the countries they will be visiting, and their cultures. They should be aware of the cultural practices of the people they will be presenting to so that they can adapt their presentation to suit the audience's culture. For instance, if presenting to a culture that values eye contact, then one should maintain eye contact while speaking during the presentation.
Dress Code: It is important to be mindful of the dress code when making a presentation in a foreign country. Young people traveling overseas should find out about the dress code in the country they will be visiting, and they should dress appropriately. Wearing the appropriate clothing sends a message that one has respect for the culture and traditions of the country they are visiting. Therefore, one should avoid wearing clothing that may be considered offensive or inappropriate.
Flexibility: Young people traveling overseas should be flexible with their presentations. They should be prepared to adjust their presentations depending on the audience's response. If the audience does not respond well to a particular point in the presentation, then one should be prepared to move on to the next point or adjust the presentation accordingly. Being flexible during a presentation shows that one is sensitive to the needs of the audience and is willing to adapt to meet their needs.
In conclusion, making presentations in a foreign country can be challenging. However, with proper preparation and research, young people traveling overseas can make successful presentations.
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. A firm has $5 billion outstanding in long-term bonds. The firm currently has sufficient cash flow to make the scheduled coupon payments but would struggle to make those payments in the future if a substantial weakening of the economy occurs. The most likely rating on these bonds is:
a. B.
b. CCC.
c. AAA.
d. BBB.
The most likely rating for these bonds would be CCC based on the information supplied. As a result, choice (B) is a correct response.
The most probable rating for these bonds, according on the information given, is CCC. According to the presented scenario, the company might have trouble making future coupon payments if the economy significantly weakens. This implies that the company's financial health and credit standing may be in jeopardy.
Bonds with a CCC rating often have a very high credit risk, meaning there is a high chance they will fail or have payments fall behind schedule. This grade is in line with the described circumstances and expresses worries about the firm's capacity to pay its debts in the future.
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If on November 26,2017, The Dow Jones industrial average closed at 12,743.40, which was down 237.44 that day. what was the return (in percent) of stock market that day?
Answer:
-1.83%
Explanation:
The closing price was 12,743.40, which was down by .
it means that the opening price was
$12,743.40 + $237.44 = $12,980.44.
The percentage return will be the
return/ original price x 100
=- - 237.44/12,980.44 x 100
= - 0.018291574 x 100
= - 1.83%
Suppose you own a bicycle but haven't found the time to ride it much lately. These days, it is only worth $25 to you. One of your close friends, who recently got a job at the college bookstore two miles down the road, wants to take it off your hands. He offers you $70 for the bicycle, and you gladly accept. Your friend is also happy because he thinks the bicycle is worth $94 . How much total value was created from this trade? $
The total value created from this trade can be calculated by subtracting the value of the bicycle to you from the value of the bicycle to your friend and adding it to the value of the bicycle to you.
The value of the bicycle to you is $25 and the value of the bicycle to your friend is $94.
Therefore, the total value created from this trade is: $94 - $25 + $70 = $139
So, the total value created from this trade is $139.
Which of the following is a wise practice for making important purchases?
A. Skim return policies and warranties
B. Trust customer claims from the manufacturer
C. Ignore professional reviews
D. Be wary of customer testimonials
SUBMIT
Based on the question above, the correct answer is D
Be wary of customer testimonials SUBMITConsumer testimonialsThis is the reports from customers which will confirm the positivity or negativity of the product based on their experiences on the product.Therefore, the correct answer is D Be wary of customer testimonials SUBMIT
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Answer:D
Explanation: it’s right
If your manager were to give you a complex project that involved a lot of research and analysis to provide information to write a detailed and accurate report, how might you make it more manageable? What type of communication skills would that require? Please write at least 5 sentences.
A large project report can be easier to manage if the key components are first outlined as a thesis statement and the duties are divided into manageable chunks.
A report is what?A report is a written statement or document that outlines the major problems or happenings inside an organization and aids in understanding the internal and external forces at play.
It's crucial to have written communication abilities that enable someone with a strong vocabulary to precisely communicate the notion to the reader in order for a report to be effective and correct.
It is necessary to create an outline plan for the task that needs to be done since it aids in framing the report aspects when a project report requires extensive research and analysis to deliver information.
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In a communist economy all economic activities are controlled by?
Answer:
benefits of quality management
what is the meaning of gpp in poultry industry
Answer:
five year ghana poultry program
Explanation:
Blossom Company borrows $69,600 on July 1 from the bank by signing a $69,600, 10%, 1-year note payable.
(A) prepare the journal entry to record the proceeds of the note.
(B) Prepare the journal entry to record accrued interest at December 31, assuming adjusting entries are made only at the end of the year.
To record the proceeds of the note, the following journal entry is made:
Date | Account | Debit | Credit
July 1 | Cash | $69,600 |
| Notes Payable | | $69,600
What is the journal entry to record the proceeds of the note?The company received $69,600 in cash, which is recorded as a debit to the Cash account. The company incurred a liability by borrowing the money, which is recorded as a credit to the Notes Payable account.
To record accrued interest at December 31, the following journal entry is made:
Date | Account | Debit | Credit
December 31 | Interest Expense | $6,960 |
| Interest Payable | | $6,960
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Which of these include some basic purposes of transportation regulations? (Select all that apply.)
A.to set limits on ways transportation companies could engage in business
B.to limit competition
C.to constrain how much money transportation providers could make
D.to foster competition
Answer: A. To set limits on ways transportation companies could engage in business.
D.to foster competition
Explanation:
Transportation regulations are put in place in order to control the activities of transportation companies and also ensure an effective and efficient delivery system.
Transportation regulations set limits on ways transportation companies could engage in business and also foster competition which is necessary for the growth of the sector and improvement in quality.
Identify and discuss 4 ways a retailer can make their customer loyalty programme more effective
Four ways a retailer can make their customer loyalty program more effective includes the following;
Be specific about rewards and promotionsAttach rewards to Positive customer reviewsOffer membershipOffer customer rewards such as Stars for Starbucks.What is Customer Loyalty?Customer loyalty refers to a customer’s commitment to your brand. Customer loyalty is a culmination of the reasons why a loyal customer will always choose you over the competition. These reasons may be because of your excellent customer service, unique product selection, or another way you differentiate yourself.
What is Customer Loyalty Program?Customer Loyalty Program refers to programs which are organized to give consistent customers added benefits and promotions. The major reason for customer loyalty program is for customer retention and loyalty because they encourage future purchases.
In order to effectively carry out customer loyalty programs, you have to state clearly what customers would benefit from such programs.
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Pizza International, Incorporated, reported the following information (in thousands):
Operating Activities
Net Income $ 100
Depreciation 33,305
Increase in receivables 170
Decrease in inventory 643
Increase in prepaid expenses 664
Decrease in accounts payable 8,720
Increase in accrued liabilities 719
Decrease in income taxes payable 2,721
Payments on notes payable 12,691
Cash paid for equipment 29,073
The following is the summarized income statement for Pizza International, Incorporated (in thousands):
Revenues $ 143,551
Cost of Sales 45,500
Gross Profit 98,051
Salary and Wages Expense 56,835
Depreciation 33,305
Office Expense 7,781
Net Income before Income Tax Expense 130
Income Tax Expense 30
Net Income $ 100
Required:
Based on this information, compute cash flow from operating activities using the direct method. Assume Prepaid Expenses and Accrued Liabilities relate to office expenses.
What was the primary reason that Pizza International was able to report large positive cash flow from operations despite nearly having a net loss?
The combination of adding back non-cash expenses, decreases in working capital accounts, and a decrease in inventory contributed to the large positive cash flow from operations despite nearly having a net loss.
To compute cash flow from operating activities using the direct method, we need to analyze the changes in different balance sheet accounts. Let's go step by step:
Step 1: Calculate Cash Flows from Operating Activities using the Direct Method
- Start with net income: $100,000
- Add back depreciation: $33,305
- Subtract the increase in receivables: $170
- Add the decrease in inventory: -$643 (Note: decrease is subtracted)
- Subtract the increase in prepaid expenses: -$664
- Add the decrease in accounts payable: -$8,720 (Note: decrease is subtracted)
- Subtract the increase in accrued liabilities: -$719
- Add the decrease in income taxes payable: -$2,721
- Subtract payments on notes payable: -$12,691
- Subtract cash paid for equipment: -$29,073
Cash flow from operating activities using the direct method: $99,464
Step 2: Analyzing the reason for positive cash flow from operations despite a net loss
The primary reason that Pizza International was able to report large positive cash flow from operations despite nearly having a net loss is due to non-cash expenses, such as depreciation, which is added back to net income. Depreciation is a non-cash expense that reduces net income but does not involve actual cash outflow. Therefore, adding back depreciation increases the cash flow from operating activities.
Additionally, there were decreases in working capital accounts, such as accounts payable and income taxes payable, which led to a positive impact on cash flow from operating activities. The decrease in accounts payable and income taxes payable means that Pizza International paid off its liabilities, resulting in a decrease in cash outflow.
Furthermore, there was a decrease in inventory, which also positively impacted cash flow from operating activities. Decreasing inventory reduces the amount of cash tied up in unsold goods.
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4. During a slow business period, an associate sees a new hire having trouble answering a customer's questions. The customer is ready to leave. What should the
associate do?
O A. Step in and say, "Here, let me help," then ring the sale
OB. Approach them and ask, "Can I help answer any questions?
OC. Alert the manager that the new hire needs help
D. Watch without interrupting and advise the new hire after the customer leaves
In this situation, the most appropriate course of action for the associate would be to choose option B: Approach them and ask, "Can I help answer any questions?"
In this situation, the most appropriate course of action for the associate would be to choose option B: Approach them and ask, "Can I help answer any questions?" By approaching the new hire and offering assistance, the associate demonstrates teamwork and a willingness to support colleagues. This approach allows the new hire to handle the customer interaction directly, gain experience, and build confidence. However, the associate's presence and offer to help signal that they are available to step in if needed. Interrupting the interaction completely, as in option A, may undermine the new hire's ability to learn and handle customer inquiries independently. It is essential to strike a balance between providing support and allowing the new hire to develop their skills. Option C, alerting the manager, should be reserved for situations where the new hire is struggling consistently or if the customer's concerns are not being addressed. It is generally more effective to offer immediate assistance before involving higher-level management. Option D, watching without interrupting and advising the new hire afterward, misses the opportunity to salvage the customer's experience in real-time. Addressing the customer's concerns promptly and preventing them from leaving is crucial for maintaining customer satisfaction and loyalty. In summary, approaching the new hire and offering assistance while the customer is still present (option B) strikes a balance between supporting the new hire and ensuring a positive customer experience.
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Haas Company manufactures and sells one product. The following information
pertains to each of the company's first three years of operations:
Variable costs per unit:
Manufacturing:
Direct materials
Direct labor
Variable manufacturing overhead
Variable selling and administrative
Fixed costs per year:
Fixed manufacturing overhead
Fixed selling and administrative expenses
A A A A
20
12
4
2
$
Book
$ 960,000
$ 240,000
int
During its first year of operations, Haas produced 60,000 units and sold 60,000 units.
During its second year of operations, it produced 75,000 units and sold 50,000 units.
In its third year, Haas produced 40,000 units and sold 65,000 units. The selling price
of the company's product is $58 per unit.
int
ences
Required:
1. Compute the company's break-even point in unit sales.
2. Assume the company uses variable costing:
a. Compute the unit product cost for year 1, year 2, and year 3.
b. Prepare an income statement for year 1, year 2, and year 3.
3. Assume the company uses absorption costing:
a. Compute the unit product cost for year 1, year 2, and year 3.
b. Prepare an income statement for year 1, year 2, and year 3.
While the sales revenue of $960,000 is a crucial piece of information, it is only one component in assessing the financial performance of Haas Company.
Based on the provided information, it can be inferred that Haas Company manufactures and sells only one type of product. The total amount of sales revenue for this product is $960,000. However, this information alone is not sufficient to determine the profitability or financial health of the company.
In order to assess the financial performance of Haas Company, additional information such as the cost of goods sold, operating expenses, and net income is needed.
The cost of goods sold refers to the direct costs associated with the production and sale of the product. This includes materials, labor, and overhead expenses. By subtracting the cost of goods sold from the total sales revenue, the gross profit can be determined. The gross profit indicates the profitability of the product, before taking into account any operating expenses.
Operating expenses are the indirect costs associated with running the business, such as rent, utilities, salaries, and advertising. After subtracting the operating expenses from the gross profit, the net income can be determined. The net income represents the overall profitability of the company after all expenses have been accounted for.
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A client with a portfolio of 10 U.S corporate bonds is planning to add 10 more bonds of different corporations (both U.S and international) which one of the following could the client eliminate through diversification?
Answer:
Explanation:
Diversification in a portfolio involves reducing risk by investing in a variety of assets. The specific bonds that could be eliminated through diversification would depend on the characteristics of the existing portfolio and the new bonds being considered.
Without information about the current holdings and the characteristics of the new bonds, it is not possible to determine which specific bond(s) could be eliminated through diversification. However, diversification generally aims to reduce the exposure to any single issuer or industry, and spread the risk across different assets. So, the client could eliminate bonds from issuers or industries that are already well-represented in the portfolio to achieve better diversification.
It is important to note that specific investment decisions should be based on thorough analysis of individual bonds, including creditworthiness, maturity, interest rates, and other factors. Professional financial advice and analysis should be sought to make informed investment decisions.
15. Assume that Cane’s customers would buy a maximum of 87,000 units of Alpha and 67,000 units of Beta. Also assume that the company’s raw material available for production is limited to 168,000 pounds. If Cane uses its 168,000 pounds of raw materials, up to how much should it be willing to pay per pound for additional raw materials? (Round your answer to 2 decimal places.)
Cane's should be willing to pay up to $43,890 per pound of raw material if they decide to produce more Beta.
To produce more units than the given production limits, Cane needs to purchase additional raw materials. The maximum price they should pay per pound for additional raw materials depends on which product they choose to produce more of. For Alpha, the contribution margin per pound of raw material is $2, and for Beta, it is $1.33.
Cane's can use up to 6,000 more pounds of raw material for Alpha, so they can pay up to $12,000 for additional raw material. Beta, they can use up to 33,000 more pounds of raw material, so they can pay up to $43,890 for additional raw material.
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Type the correct answer in the box. Spell all words correctly. The demand curve has what kind of slope? The demand curve is sloping.
The demand curve is downward sloping reflecting the relationship between the price and quantity of a product.
What is the demand curve?The correlation between a product or service's price and the quantity that is requested over time is represented by a demand curve, which demonstrates how many units will be consumed at various prices.
Old customers sometimes are inclined to buy more products than usual as the price of the product decreases, increasing the demand for the item. The demand curve slopes downward due to this.
It predicts that demand will rise in the opposite direction of price declines, indicating a causal relationship between both.
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Answer:
Downward
Explanation:
I took a test on Edmentum
Driving is a _______ business.
Answer:
hard
Explanation:
if china has china business is china china or just china
who will wim trump or bid en³³³³³³³³³³³³³³³³³³³³³³³³∉∉∉∉∉∉∉∉∉∉∉
Answer:bid
Explanation:
Answer:
biden is a china puppet aka he is being controlled by china
Explanation:
_____ can be used for up to 90 percent of its assessed value.
Real estate
Accounts receivable
Insurance policies
Equipment
(ONLY ANSWER IF YOU ACTUALLY KNOW)
A short-term job or work project that can be paid or unpaid and can lead to a full-time, paying position is called a(n) _____.
a.
job shadow
b.
temp job
c.
internship
d.
cooperative program
Please select the best answer from the choices provided
A
B
C
D
Answer:
its called an internship so c
Answer:
The answer is C. internship
Explanation:
A short-term job or work project that can be paid or unpaid and can lead to a full-time, paying position is called an internship.
The economic effect of an expense is incurred when the benefit expires or is used up not when cash is paid true or false
Answer:
false
Explanation:
The use of a debit card is most like:
List and describe the three types of income. Include information regarding how each one is taxed.
Answer:
Understanding The Three Types Of Income
Earned Income. The first type of income is the most common: earned income. ... Capital Gains Income. The next type of income that you can earn is called capital gains income. ... Passive Income. The final type of income that you can earn is called passive income.
Answer:
earned income, capital income, dont know the last one sorry
Explanation:
If I have bought 4 books and 1 pen plus tax each: $12.99, $12.99, $11.99, $7.99, and $3.99. I gave them $60.00. How much money do I get back?
. Based on precedence diagram given below, use the longest task time heuristic to balance the line. Cycle time = 1.3 minute\
What is the balance delay?
Out of all workers placed which worker is the happiest (has most remaining time)?
Balance delay time refers to the amount of downtime on manufacturing assembly lines caused by uneven job distribution across operators or stations.
What is balance delay?The amount of downtime on manufacturing assembly lines brought on by uneven work distribution among operators or stations is known as balance delay time.
It has to do with how the overall task is divided up and to what extent.
The jobs are arranged according to decreasing processing times according to the longest processing time rule.
The biggest job that is currently available will start processing whenever a machine is released.
The minimum makespan of a schedule can be determined using this approach, which is a heuristic.
The operational time needed for that element plus the times for all items that must come after it equals the positional weight.
The elements are arranged according to their positional weights in descending order.
Therefore, balance delay time refers to the amount of downtime on manufacturing assembly lines caused by uneven job distribution across operators or stations.
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Correct question:
What is balance delay?