Furthermore the planning horizon and the level of details should be set.
Or, -Avi has a planning horizon that extends over a period of at least a century.
It would free up time and energy for managing the government enterprise more effectively, with a longer planning horizon.
And this consistent policy, he argues, will give businesses what they need most: a chance to "lengthen their planning horizons."
Decisions are made based on minimizing the net present value of capital and operating costs over the full planning horizon.
The Plan is based on a 25-year planning horizon, from when it was introduced to 2031.
The planning horizon is the amount of time an organization will look into the future when preparing a strategic plan.
In Economics, a planning horizon is the length of time an individual plans ahead.
In the discrete time case, if the planning horizon is finite, the problem can also be easily solved by dynamic programming.
A standard approach is to adopt a finite planning horizon.