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The paper formulates an extension of the traveling purchaser problem where multiple types of commodities are sold at spatially distributed locations with stochastic prices (each following a known probability distribution). A purchaser's goal is to find the optimal routing and purchasing...
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This research focuses on planning biofuel refinery locations where the total system cost for refinery investment, feedstock and product transportation and public travel is minimized. Shipment routing of both feedstock and product in the biofuel supply chain and the resulting traffic congestion...
Persistent link: https://www.econbiz.de/10008868427
This paper presents mathematical models that optimize the size of transportation fleet (cranes and trucks) for unloading operations at container terminals. A cyclic queue model is used to study the steady-state port throughput, which then yields the optimum fleet size for long-term operations....
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