Planning horizon

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Planning horizon

The length of time a model or investor or plan projects into the future.

Planning Horizon

The future time for which a person or organization plans. For example, if a company wishes to make contingency plans for the next 10 years, it is said to have a 10-year planning horizon. Many companies maintain a five-year planning horizon, though some plan for longer or shorter periods. The longer a planning horizon is, the more uncertainty it has.
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In addition, operations managers deal with shorter planning horizons and time buckets that are rooted in terms of hours, days and weeks rather than in months, fiscal quarters and years, as is common in S&OP planning.
As companies strive to accelerate, enhance and optimize their business decisions, it becomes advantageous to adopt a single flexible planning and decision support system that connects both strategic and tactical planning horizons. Voyager Integrated Business Planning transforms business planning by empowering both near-term S&OP and long-range strategic and financial business planning in one solution.
These responsibilities were broken down by functional area and planning horizon.
This effect may be to some extent offset by longer financial planning horizons. Between 2006 and 2008 respondents with a planning horizon of at least five years are 21% less likely to allocate away from stocks than those with a shorter planning horizon.
With a long scale of planning horizon, it is inefficient to search the large-scale solution space of railcars' assembling sequence within the whole planning horizon.
To achieve that end, the strategic plan is divided into short and long-range planning horizons. The 10-30-year horizon discusses the core mission and the Big Audacious Goal.
It powers end-to-end planning and optimisation of personnel, resources and processes in a single planning environment across all planning horizons. Many of the world's largest and most successful enterprises rely on Quintiq to achieve their business goals, strengthen their competitive advantage and create new revenue streams.
However, a wider problem is that planning horizons are often too short, being for the same term as the budget.
The complexity of managing a business with its multitude of decisions that must be made over multiple planning horizons and varying levels of detail has led naturally to today's hierarchically structured organizations.
The company said that version 3.0 of the software includes new and innovative math programming techniques allowing companies to expand their business planning models to include longer planning horizons, a finer level of detail, and an integrated view across more elements of their business.
FM 3-24.2 establishes a concept for planning horizons during COIN by blending the theories of FM 5-0.1, The Operations Process, and FM 7-0, Training the Force.
It is hard to imagine that any specific incentive to save for retirement would have much of an impact on the behavior of the 30 percent of the households reporting planning horizons of a year or less.
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