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

DMax 

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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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