We argue that the superior performance of a recent method for lot-sizing in a rolling horizon scheme is to a large extent due to the assumption that quite accurate future demand estimates are available. We show that other methods, including a straightforward one, can use this information just as effectively.

dynamic lot-sizing, end effects, ending inventory valuation, rolling horizon scheme
dx.doi.org/10.1016/j.orl.2004.10.001, hdl.handle.net/1765/14395
ERIM Article Series (EAS)
Operations Research Letters
Erasmus Research Institute of Management

van den Heuvel, W, & Wagelmans, A.P.M. (2005). A comparison of methods for lot-sizing in a rolling horizon environment. Operations Research Letters, 33(5), 486–496. doi:10.1016/j.orl.2004.10.001