Showing 101 - 110 of 140
This paper introduces progressive multi-objective optimization (PMOO), a novel technique to include the decision maker's preferences into the multi-objective optimization process. PMOO integrates a well-known method for multi-criteria decision making (PROMETHEE) into a simple multi-objective...
Persistent link: https://www.econbiz.de/10011011045
The basic deterministic stationary inventory problem, in which backorders are allowed, is analyzed. Instead of considering the backorder cost to be a cost per unit and per time, we also suppose the presence of a fixed backorder cost per unit. The latter generates a supplementary dependence of...
Persistent link: https://www.econbiz.de/10011199815
The multi-objective optimization paradigm prescribes that a multi-objective optimization problem should be solved in two steps executed in sequence. First an approximation of the Pareto set is determined, that contains as many non-dominated solutions as possible. Secondly, a solution is chosen...
Persistent link: https://www.econbiz.de/10008695007
In this paper we defi?ne a new problem, the aim of which is to fi?nd a set of k dissimilar alternative solutions for a vehicle routing problem (VRP) on a single instance. ?This problem has several practical applications in the cash-in-transit sector and in the transportation of hazardous...
Persistent link: https://www.econbiz.de/10010839935
This paper proposes a variant of the well-known capacitated vehicle routing problem that models the problem of routing vehicles in the cash-in-transit industry by introducing a risk constraint. In this problem, which is called the risk-constrained cash-in-transit vehicle routing problem...
Persistent link: https://www.econbiz.de/10010839943
This paper proposes a variant of the Vehicle Routing Problem in which a particular kind of risk constraint has been introduced to model the problem of routing vehicles in the cash-in-transit industry and a hard time window constraint, with no waiting times, delimits the customer's visit within a...
Persistent link: https://www.econbiz.de/10010710026
Existing literature on routing of school buses has focused mainly on building intricate models that attempt to capture as many real-life constraints and objectives as possible. In contrast, the focus of this paper is on understanding the joint problem of bus route generation and bus stop...
Persistent link: https://www.econbiz.de/10011052507
In this paper, we present a variant of the vehicle routing problem (VRP) to increase security in the cash-in-transit sector. A speci?c index is used to quantify the exposure of a vehicle to the risk of being robbed along its route. In addition, the problem is subjected to a traditional capacity...
Persistent link: https://www.econbiz.de/10010961064
In this paper, we propose a new metaheuristic to solve the Risk constrained Cash-in-Transit Vehicle Routing Problem (rctvrp). The rctvrp is a variant of the well-known capacitated vehicle routing problem and models the problem of routing vehicles in the cash-in-transit sector. In the rctvrp, the...
Persistent link: https://www.econbiz.de/10010941824
Existing literature on routing of school buses has focused mainly on building intricate models that attempt to capture as many real-life constraints and objectives as possible. In contrast, the focus of this paper is on understanding the problem in its most basic form. To this end, we define the...
Persistent link: https://www.econbiz.de/10008542552