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planning horizon

   Also found in: Financial, Wikipedia 0.01 sec.
planning horizon [′plan·iŋ hə‚rīz·ən]
(industrial engineering)
In a materials-requirements planning system, the time from the present to some future date for which plans are being generated for acquisition of materials.


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Chairman Steve Ungar, a Portland lawyer, said he preferred the five-year contract because it represented a move toward the position that education advocates wanted, while still giving retailers a sufficient long-term planning horizon.
For the first time in history, cost-competitive solar power is now within the planning horizon of every utility in the nation.
Although the Department functions with a single serial acquisition process with extended planning horizons, the Department's budgeting process is based on short-term decision making in which long-term cost increases are accepted to achieve short-term budget "savings" or "budget year flexibility.
 
 
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