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Dynamic random-access memory (DRAM) memory chips are made from silicon wafers in manufacturing facilities through a very complex process called wafer fabs. The wafers are routed through the fab machines in an order that is referred to as a recipe. The wafers may go through the same machine several times as the chip is created. The data file DRAM Chips contains a sample of processing times, measured in fractions of hours, at a particular machine center for one chip recipe. Determine what the mode processing time is.
Agency Relationship
A legal relationship in which one party, the agent, acts on behalf of another party, the principal, in business transactions.
Sole Proprietorship
A business structure in which a single individual owns and operates the business, bearing full responsibility for its debts and obligations.
Employer-Employee
The legal relationship between a person who hires and pays another to perform specific duties, typically guided by a contract or agreement.
Partners
Individuals who share ownership of a legal entity or business, often sharing profits, losses, and managerial responsibilities.
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