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In this video, the presenter introduces a magic trick involving cutting different sizes of rebar into three-foot pieces. The goal is to calculate the number of pieces and the amount of waste for each size using formulas. The formula for the number of pieces is the full piece divided by the cutting length. Waste is calculated as the remainder after dividing the full piece by the cutting length. The presenter also mentions formatting zero waste pieces differently. Key points include using formulas to calculate pieces and waste and formatting zero waste pieces.
