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Nervousness and Reorder Policies in Rolling Horizon Environments

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Operations Research in Production Planning and Control

Abstract

In this paper measures for characterizing planning stability in material-coordination systems are described and applied to analyze the stability performance of (s, nQ)- and (s, S)-policies for a single-stage system simulated in a rolling horizon environment. Introducing a stabilization parameter into reorder-point lot-sizing policies a method to improve planning stability is proposed and compared to the efficiency of the stabilization method when freezing a part of each planning cycle.

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© 1993 Springer-Verlag Berlin· Heidelberg

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Jensen, T. (1993). Nervousness and Reorder Policies in Rolling Horizon Environments. In: Fandel, G., Gulledge, T., Jones, A. (eds) Operations Research in Production Planning and Control. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-78063-9_27

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  • DOI: https://doi.org/10.1007/978-3-642-78063-9_27

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-78065-3

  • Online ISBN: 978-3-642-78063-9

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