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Purpose - To provide empirical evidence on the level of savings that can be attained by joint route planning and how these savings depend on specific market characteristics.Design/methodology/approach - Joint route planning is a measure that companies can take to decrease the costs of their...
Persistent link: https://www.econbiz.de/10011096210
In this paper we discuss a real-life case study in the optimization of the logistics network for the collection of containers from end-of-life vehicle dismantlers in the Netherlands.Advanced planning concepts like dynamic assignment of dismantlers to logistic service providers are analyzed by a...
Persistent link: https://www.econbiz.de/10011096211
Factory Gate Pricing (FGP) is a relatively new phenomenon in retail distribution.Under FGP, products are no longer delivered at the retailer distribution center, but collected by the retailer at the factory gates of the suppliers.Owing to both the asymmetry in the distribution networks (the...
Persistent link: https://www.econbiz.de/10011096212
Persistent link: https://www.econbiz.de/10011096213
In this paper, several problem reduction techniques are discussed that can be used to reduce the solution time of set partitioning problems. These techniques can be applied in any solution algorithm for set partitioning problems. Besides a short review of the existing literature on preprocessing...
Persistent link: https://www.econbiz.de/10011096214
In this paper we discuss a solver that is developed to solve set partitioning problems.The methods used include problem reduction techniques, lagrangean relaxation and primal and dual heuristics.The optimal solution is found using a branch and bound approach.In this paper we discuss these...
Persistent link: https://www.econbiz.de/10011096216
Are business associations - private, formal, nonprofit organizations designed to promote the common interests of their members - positive or negative for the economy and overall welfare? Scholars from institutional and organizational economics, on the one side, and from industrial organization,...
Persistent link: https://www.econbiz.de/10011096861
We provide evidence that perceptions of crime risk are severely biased for many years after a move to a new neighborhood. Based on four successive waves of a large crime survey, matched with administrative records on household relocations, we find that the longer an individual lives in a...
Persistent link: https://www.econbiz.de/10011096862
This paper characterizes an optimal group loan contract with costly peer monitoring. Using a fairly standard moral hazard framework, we show that the optimal group lending contract could exhibit a joint-liability scheme. However, optimality of joint-liability requires the involvement of a group...
Persistent link: https://www.econbiz.de/10011099372
We develop a generalized production framework with endogenous “production techniques” that serve to organize raw factor inputs in an efficient manner. We establish a positive relationship between production flexibility and cost efficiency. By allowing firms to differ in technology...
Persistent link: https://www.econbiz.de/10011099373