 The dynamic plant layout problem: Incorporating rolling horizons and forecast uncertaintyJaydeep Balakrishnan and Chun Hung Cheng Omega, 2009, vol. 37, issue 1, 165-177 Abstract: To the best of our knowledge, research in the dynamic plant layout problem (DPLP) assumes that the planning horizon is fixed and that material flows are known with certainty. But in practice, many companies use rolling planning horizons. Further, they have to deal with the effect of uncertainty in material flow forecasts. This paper investigates the performance of algorithms under fixed and rolling horizons, under different shifting costs and flow variability, and under forecast uncertainty. Nearly 1800 problems were run using different algorithms. The results show that algorithms that dominated under fixed horizons may not work as well under rolling horizons. Also it is difficult to identify an algorithm that performs well under all situations. Thus the development of efficient and effective heuristics might be useful in solving the rolling horizon problem. It also appears that increasing the planning horizon under rolling plans does not offer any advantage. Further forecast uncertainty may not significantly affect the performance of algorithms and in some cases may be beneficial. Keywords: Dynamic; plant; layout; Heuristics; Pairwise; exchange; Rolling; horizons; Forecast; uncertainty (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:jomega:v:37:y:2009:i:1:p:165-177 Ordering information: This journal article can be ordered from Access Statistics for this article Omega is currently edited by B. Lev More articles in Omega from Elsevier |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.