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Identify each of the following actions as representing either saving or investment.
a. Fred uses some of his income to buy government bonds.
b. Julie takes some of her income and buys mutual funds.
c. Alex hires a contractor to add two additional examination rooms to his dental office using borrowed funds.
d. Elaine uses some of her savings to buy stock for her new clothing boutique.
e. Henrietta hires a builder to construct a new home using borrowed funds.
Job Lateness
The amount of time by which the completion of a job exceeds its originally scheduled or planned delivery time.
Machine Centre
A specific location or unit within a manufacturing facility where machines perform particular functions or operations.
Sequence
A specific order in which related events, movements, or things follow each other.
Throughput Time
The time it takes for a product to go through the production process with no waiting. It is the time of the longest path through the system.
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