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Explain assembly-line balancing. Discuss the three types of information needed to balance an assembly line.
Required Reserve Ratio
A regulation set by central banks determining the minimum amount of reserves that banks must hold against deposits, affecting money supply.
Excess Reserves
The reserves that banks hold over and above the legal requirement; these are not loaned out and do not earn interest for the bank.
Required Reserves
The minimum amount of funds that a bank must hold in reserve against deposits, as mandated by the central bank.
Unmasked Input
Unmasked input refers to input data in digital systems that is processed without modification or filtering by a masking operation, meaning all bits in the input are taken into account in the processing.
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