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Nervousness and Reorder Policies in Rolling Horizon Environments

  • Thomas Jensen

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.

Keywords

Order Quantity Stability Measure Forecast Horizon Safety Stock Demand Distribution 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin· Heidelberg 1993

Authors and Affiliations

  • Thomas Jensen
    • 1
  1. 1.Faculty of EconomicsUniversity of BielefeldBielefeld 1Germany

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