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When products are sold by multiple vendors in various locations, the purchaser must decide what to order from each vendor and where to send it. To solve this decision problem, a novel optimization model is developed and applied to a situation involving the nationwide wholesale distribution of...
Persistent link: https://www.econbiz.de/10009202523
This paper examines the problem of apportioning a railcar fleet to car manufacturers and railroads within a pooling agreement for shipping automobiles. We demonstrate the potential inequities in the presently implemented allocation procedure in the industry, and we propose four alternative...
Persistent link: https://www.econbiz.de/10009211344