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In 1973 Gordon Moore One of Intel's Founders Predicted That

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In 1973 Gordon Moore one of Intel's founders predicted that the number of transistors that could be placed on a single silicon chip would double every 18 months, equivalent to an annual growth of 59 percent .The first microprocessor was built in 1971 and had 2,250 transistors.By 2003 Intel chips contained 410 million transistors, over 182,000 times the number thirty-two years earlier.What has been the annual compound rate of growth in processing power? How does it compare with the prediction of Moore's Law?

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Definitions:

Process Layouts

A facility arrangement where similar activities or functions are grouped together, based on process or function, typical in batch production or flexible manufacturing environments.

Product-oriented Layouts

Layouts designed to streamline production by arranging equipment and processes in sequences that align with the product flow.

In-process Inventories

Goods and materials that are currently within the manufacturing process but not yet completed.

Equipment Assignments

The process of allocating machines, tools, or other equipment to specific jobs or locations within an operation.

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