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Define the term "algorithm." How is desk-checking used to verify algorithms?
Capital Rationing
The process by which management allocates funds among competing capital investment proposals.
Capital Investment
Funds invested in a business with the intent to further its objectives, such as acquiring new assets or launching new ventures.
Investment Funds
Pooled funds from multiple investors used to collectively invest in securities such as stocks, bonds, or other assets, managed by professionals.
Manufacturing Flexibility
The ability of a manufacturing process to adapt to changes in products or production volumes with minimal delay and cost.
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