Minimal forecast horizon procedures for dynamic lot size models

Suresh Chand · Thomas E. Morton

50 citations0/0 files storedNaval Research Logistics Quarterly

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Supply Chain and Inventory Management Scheduling and Optimization Algorithms Optimization and Mathematical Programming

Abstract

Abstract This article presents new results which should be useful in finding production decisions while solving the dynamic lot sizing problem of Wagner–Whitin on a rolling horizon basis. In a rolling horizon environment, managers obtain decisions for the first period (or the first few periods) by looking at the forecasts for several periods. This article develops procedures to find optimal decisions for any specified number of initial periods (called planning horizon in the article) by using the forecast data for the minimum possible number of future periods. Computational results comparing these procedures with the other procedures reported in the literature are very encouraging.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 50 citations exist upstream.

References

1958Dynamic Version of the Economic Lot Size Model 2004Dynamic Version of the Economic Lot Size Model 1975Planning Horizons for the Dynamic Lot Size Model: Zabel vs. Protective Procedures and Computational Results 1964Some Generalizations of an Inventory Planning Horizon Theorem

Cited by

2000SUPPLY CONTRACTS WITH PERIODIC, STATIONARY COMMITMENT 1986Rolling Planning Horizons: Error Bounds for the Dynamic Lot Size Model 1998Infinite Horizon Production Planning in Time-Varying Systems with Convex Production and Inventory Costs 1992Deterministic Capacity Expansion Under Deterioration 2016A Case Study of Inventory Management in a Manufacturing Company in China 1987Forecast horizons for the discounted dynamic lot-size problem allowing speculative motive 2007Forecast Horizons for a Class of Dynamic Lot-Size Problems Under Discrete Future Demand 2008Optimal Backlogging Over an Infinite Horizon Under Time-Varying Convex Production and Inventory Costs

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.