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AN EXPERIMENTAL STUDY OF THE EFFECTIVENESS OF ROLLING SCHEDULES IN PRODUCTION PLANNING
Author(s) -
Baker Kenneth R.
Publication year - 1977
Publication title -
decision sciences
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.238
H-Index - 108
eISSN - 1540-5915
pISSN - 0011-7315
DOI - 10.1111/j.1540-5915.1977.tb01065.x
Subject(s) - production (economics) , production planning , computer science , point (geometry) , basis (linear algebra) , mathematical optimization , industrial engineering , operations research , mathematics , microeconomics , economics , engineering , geometry
An experimental study was designed to investigate the efficiency of decisions obtained from optimizing a finite, multiperiod model and implementing (structure is parallel with “optimizing” above) those decisions on a rolling basis. The results of the study suggest that rolling schedules are quite efficient and also that they point to some important design issues in model‐building for production planning.