Title
Analytical Evaluation of Hierarchical Planning Systems
Abstract
Hierarchical planning systems have become popular for multilevel decision problems. After reviewing the concept of hierarchical planning and citing some examples, we describe a method for analytic evaluation of a hierarchical planning system. We show that multilevel decision problems can be nicely modeled as multistage stochastic programs. Then any hierarchical planning system can be measured against the yardstick of optimality in this stochastic program. We demonstrate this approach on a hierarchical system that can be shown to be asymptotically optimal for a job shop design/scheduling problem.
Year
DOI
Venue
1981
10.1287/opre.29.4.707
Operations Research
Field
DocType
Volume
Hierarchical control system,Business system planning,Mathematical optimization,Decision problem,Job shop scheduling,Computer science,Job shop,Yardstick,Asymptotically optimal algorithm,Operations management
Journal
29
Issue
ISSN
Citations 
4
0030-364X
21
PageRank 
References 
Authors
13.82
1
6
Name
Order
Citations
PageRank
M. A. H. Dempster123551.25
M. L. Fisher25543.85
L. Jansen33625.91
B. J. Lageweg4274117.55
J. K. Lenstra51689329.39
A. H. G. Rinnooy Kan62109497.45