Question: Time fence system separates the planning horizon into two segments. The firm segment is the demand time fence, whereas the tentative segment is the planning

Time fence system separates the planning horizon into two segments. The firm segment is the demand time fence, whereas the tentative segment is the planning time fence. Which of the following statements is correct?

Production quantities in the tentative segment can only be changed by senior managers.

Time fence system is relevant to the manufacturing sector but not the service industry.

Firm segment is the currer period to several weeks into the future.

Time fence system is used to prevent system nervousness in the economic order quantity model.

Production quantities in the firm segment cannot be changed regardless of the situation.

Time fence system separates the planning horizon into two segments. The

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