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Persistent link: https://www.econbiz.de/10000675283
We present a classified bibliography of the literature in the area of forecast, solution, and rolling horizons primarily in operations management problems. Each one of over 200 selected papers is categorized on five dimensions that identify the horizon type, the model type (deterministic or...
Persistent link: https://www.econbiz.de/10014047747
We are concerned with a discrete-time undiscounted dynamic lot size model m which demand and cost parameters are constant for an initial few periods. As our main result, we obtain an upper bound on the number of these periods which guarantees the optimality of the Economic Order Quantity (EOQ)...
Persistent link: https://www.econbiz.de/10014218588
The models we present in this chapter are related to two classical inventory models: The EOQ model of Harris (1913) and the dynamic lot size model of Wagner and Whitin (1958). In relation to the EOQ model, our models depart in three different ways: (1) the EOQ model assumes that the problem...
Persistent link: https://www.econbiz.de/10013087669
Persistent link: https://www.econbiz.de/10011710708
We derive a sharp upper bound on the minimal forecast horizon in the discounted dynamic lot size model with constant initial demand. This bound is given by m(m 1), where m is the EOQ's worth, i.e., the number of periods for which the total demand equals Economic Order Quantity. Our results do...
Persistent link: https://www.econbiz.de/10012706709