Showing 1 - 10 of 11
We study simultaneous transportation procurement auctions from a truckload carrier’s perspective. We formulate a stochastic bid price optimization model aimed at maximizing the carrier’s expected profit. The model accounts for synergies among lanes and competing carriers’ bid patterns. We...
Persistent link: https://www.econbiz.de/10011209826
We consider the problem of determining the home locations, or domiciles, of truck drivers for a less-than-truckload carrier. Domiciling decisions are complex, in part due to regulations and union rules restricting driver schedules, but have a significant impact on the operating costs of...
Persistent link: https://www.econbiz.de/10009202045
The scale of the global chemical industry is enormous: in 2003, the total value of global production exceeded US$1.7 trillion. International logistics is especially crucial to the high-value chemicals industry, since raw materials sources, production facilities, and consumer markets are...
Persistent link: https://www.econbiz.de/10009202508
We present and study a mixed integer programming model that arises as a substructure in many industrial applications. This model provides a relaxation of various capacitated production planning problems, more general fixed charge network flow problems, and other structured mixed integer...
Persistent link: https://www.econbiz.de/10005008281
The relation of time indexed formulations of nonpreemptive single machine schedulingproblems to the node packing problem is formally established and then used toprovide simple and intuitive alternate proofs of validity and maximality for previouslyknown results on the facial structure of the...
Persistent link: https://www.econbiz.de/10005042757
Instances of the multi-item capacitated lot-sizing problem with setup times (MCL) often appear in practice, either in standard form or with additional constraints, but they have generally been difficult to solve to optimality. In MCL demand for multiple items must be met over a time horizon,...
Persistent link: https://www.econbiz.de/10005043732
Persistent link: https://www.econbiz.de/10005598323
Dynamic ride-share systems aim to bring together travelers with similar itineraries and time schedules on short-notice. These systems may provide significant societal and environmental benefits by reducing the number of cars used for personal travel and improving the utilization of available...
Persistent link: https://www.econbiz.de/10010595007
Persistent link: https://www.econbiz.de/10010704224
Retailers, from fashion stores to grocery stores, have to decide what range of products to offer, i.e., their product assortment. Frequent introduction of new products, a recent business trend, makes predicting demand more difficult, which in turn complicates assortment planning. We propose and...
Persistent link: https://www.econbiz.de/10011097836