Forecast, Solution, and Rolling Horizons in Operations Management Problems: A Classified Bibliography

Abstract

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 stochastic), the sources of the horizon, the methods used to obtain horizon results, and the subject area of the paper. The majority of the papers treat dynamic problems in inventory management, production planning, capacity expansion, machine replacement, and warehousing. We discuss the relationship of the horizon results with the theory and practice of rolling-horizon procedures and future research directions.

Keywords: Multiperiod Problems, Forecast Horizons, Rolling Horizons, Decision Horizons, Planning Horizons, Solution Horizons, Forecasting, Lot Size Models, Operations Management

JEL Classification: C61, M11, M20