Effective Heuristics for Capacitated Production Planning with Multiperiod Production and Demand with Forecast Band Refinement

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Philip Kaminsky; Jayashankar M. Swaminathan;
  • Journal: Manufacturing & Service Operations Management,volume 6,issue 2 March,pages184-194
  • Related identifiers: doi: 10.1287/msom.1030.0032
  • Subject: forecast evolution, production planning, discrete demand, capacity, heuristics, information updates
    arxiv: Physics::Atmospheric and Oceanic Physics

In this paper we extend forecast band evolution and capacitated production modelling to the multiperiod demand case. In this model, forecasts of discrete demand for any period are modelled as bands and defined by lower and upper bounds on demand, such that future foreca... View more
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