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A crude oil tanker scheduling problem faced by a major oil company is presented and solved using an elastic set partitioning model. The model takes into account all fleet cost components, including the opportunity cost of ship time, port and canal charges, and demurrage and bunker fuel. The...
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A complete description is given of the design, implementation and use of a family of very fast and efficient large scale minimum cost (primal simplex) network programs. The class of capacitated transshipment problems solved is the most general of the minimum cost network flow models which...
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A highly automated, real-time dispatch system is described which uses embedded optimization routines to replace extensive manual operations and to reduce substantially operating costs for a nation-wide fleet of petroleum tank trucks. The system is currently used in daily operations by the Order...
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