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To minimize procurement expenditures both purchasing and transportation costs need to be considered. We study a procurement setting in which a company needs to purchase a number of products from a set of suppliers to satisfy customer demand. The suppliers offer total quantity discounts and...
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We introduce a class of incremental network design problems focused on investigating the optimal choice and timing of network expansions. We concentrate on an incremental network design problem with shortest paths. We investigate structural properties of optimal solutions, show that the simplest...
Persistent link: https://www.econbiz.de/10010871257
In distribution problems, a fleet of vehicles serves the demand of a set of customers. Each customer is typically served by a single vehicle. However, more cost effective distribution plans may exist if some customers are served by more than one vehicle, i.e., if some deliveries are split. We...
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We develop technology to plan delivery routes for the supply of blood products to hospitals by a blood bank. The technology produces low cost, robust plans that hedge against the natural uncertainty associated with blood product usage at hospitals. The technology relies on sampling-based...
Persistent link: https://www.econbiz.de/10008483285
Smartphone technology enables dynamic ride-sharing systems that bring together people with similar itineraries and time schedules to share rides on short-notice. This paper considers the problem of matching drivers and riders in this dynamic setting. We develop optimization-based approaches that...
Persistent link: https://www.econbiz.de/10010574813
We study an incremental network design problem, where in each time period of the planning horizon an arc can be added to the network and a maximum flow problem is solved, and where the objective is to maximize the cumulative flow over the entire planning horizon. After presenting two mixed...
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