What Establishes a Point of Time in the Future Inside

question 12

Multiple Choice

What establishes a point of time in the future inside of which changes must be made by the master scheduler, and changes outside of which can be changed by system logic?

• A) demand time fence
• B) supply time fence
• C) system time fence
• D) frozen time fence
• E) planning time fence

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Definitions:

Marginal Products

The extra output obtained by utilizing an additional unit of a specific input while keeping all other inputs unchanged.

Capital-labor Ratio

The ratio of capital (equipment, buildings, etc.) to labor (workforce) in an economic analysis or production process.

Annual Output

The total production or output of a good or service in a year.

Capital-labor Ratio

The ratio of the total capital employed by a firm to the number of its labor force, indicating the amount of capital used per worker.