Examlex
Eight jobs have been sequenced at a single work centre. Total processing time for the eight jobs is 34 hours and total flow time for the sequence is 85 hours. For this schedule, utilization is ________ and average jobs in the system is ________.
Bankrupt Discharged
Refers to the legal status whereby an individual or entity, previously declared bankrupt, has been officially released from most, if not all, debt obligations by a court.
Creditor
An entity or person to whom money is owed by a debtor.
Bankruptcy and Insolvency
Legal statuses of an individual or entity that cannot repay the debts they owe to creditors.
Bankruptcy Offence
A criminal act under bankruptcy law, such as fraud or misrepresentation, during the bankruptcy process.
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