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In engineering circles, this circuit is better known as a 7447 BCD to seven-segment decoder/driver, but just using a single chip has little pedagogical value.
The 4511 datasheet specifies that this IC is a BCD to 7-segment latch/decoder/driver with four address inputs (DA to DD), an active. Aspencore network. ... (BI), an active LOW lamp test input (LT), ...