Search results for "management"
showing 10 items of 17103 documents
Determining the best shipper sizes for sending products to customers
2014
A distribution company has to send products, packed into shippers, from the warehouse to retail shops. The number of different shipper types is regarded as a parameter given by the user, who is looking for a balance between transportation costs and stock and procurement costs. The problem is to decide the sizes of the shipper types to keep at the warehouse so as to minimize the cost of meeting the forecasted demand over the planning horizon. In this paper, we describe an integer linear programming formulation for the problem and obtaining feasible solutions. Other models, based on multiknapsack and p-median and facility location models, are for obtaining lower bounds. We study several ways …
Improved polyhedral descriptions and exact procedures for a broad class of uncapacitated p-hub median problems
2019
Abstract This work focuses on a broad class of uncapacitated p-hub median problems that includes non-stop services and setup costs for the network structures. In order to capture both the single and the multiple allocation patterns as well as any intermediate case of interest, we consider the so-called r-allocation pattern with r denoting the maximum number of hubs a terminal can be allocated to. We start by revisiting an optimization model recently proposed for the problem. For that model, we introduce several families of valid inequalities as well as optimality cuts. Moreover, we consider a relaxation of the model that contains several sets of set packing constraints. This motivates a pol…
Competition for long-haul connecting traffic among airports in Europe and the Middle East
2017
Abstract This paper analyzes the competitive position of major hub airports in Europe and the Middle East for long-haul connecting traffic. We apply a connection builder to construct competitive flight connections. A stand out feature of the proposed connection builder is the calibration of the model parameters using booking data, composed of actual passenger demand between a given origin and destination (O&D) market. The methodology is applied to measure competition between hubs using flight schedule data to calculate connectivity measures like the number of city-pairs connected via a hub airport. Our results show that the Middle Eastern hubs have improved their competitive position, while…
Multivariate modeling and analysis of regional ocean freight rates
2018
Abstract In this paper, we propose a new multivariate model for the dynamics of regional ocean freight rates. We show that a cointegrated system of regional spot freight rates can be decomposed into a common non-stationary market factor and stationary regional deviations. The resulting integrated CAR process is new to the literature. By interpreting the common market factor as the global arithmetic average of the regional rates, both the market factor and the regional deviations are observable which simplifies the calibration of the model. Moreover, forward contracts on the market factor can be traded in the Forward Freight Agreement (FFA) market. We calibrate the model to historical spot r…
Assessing cruise port of call performance: a passenger-based approach using PLS modelling
2017
ABSTRACTIn the present context of booming cruise demand, the study aims to advance the knowledge on port of call performance from cruise passengers’ perspective. The aim of this investigation was twofold: (1) to examine the structural links among port of call perceived quality–satisfaction–future intentions (revisit and word-of-mouth (WOM) behaviour); and (2) to test the moderating effect of cruisers’ motivation (push versus pull factors) to visit the port of call on the proposed structural links. Partial least squares path modelling was used to test the proposed model with a sample of 492 cruise passengers at a Mediterranean port of call. The findings revealed that port of call quality has…
Branch-and-price-and-cut for a service network design and hub location problem
2015
In the context of combined road-rail freight transport, we study the integrated tactical planning of hub locations and the design of a frequency service network. We consider a number of real-world constraints such as multiple transshipments of requests at hubs, transport time limits for requests, request splitting, and outsourcing possibilities. To our knowledge, the combination of problem features we deal with has not been described before. We present a path-based model and solve it with a branch-and-price-and-cut algorithm. Computational experiments show that large realistic instances from a major German rail freight company can be solved close to optimality within one hour on a standard …
The directed profitable rural postman problem with incompatibility constraints
2017
[EN] In this paper, we study a variant of the directed rural postman problem (RPP) where profits are asso- ciated with arcs to be served, and incompatibility constraints may exist between nodes and profitable arcs leaving them. If convenient, some of the incompatibilities can be removed provided that penalties are paid. The problem looks for a tour starting and ending at the depot that maximizes the difference between collected profits and total cost as sum of traveling costs and paid penalties, while satisfying remaining incompatibilities. The problem finds application in the domain of road transportation service, and in particular in the context of horizontal collaboration among carriers …
The periodic rural postman problem with irregular services on mixed graphs
2019
Abstract In this paper, we deal with an extension of the rural postman problem in which some links of a mixed graph must be traversed a given number of times over a time horizon. These links represent entities that must be serviced a specified number of times in some subsets of days (or periods) of the time horizon. The aim is to design a set of minimum-cost tours, one for each day/period of the time horizon, that satisfy the service requirements. We refer to this problem as the periodic rural postman problem with irregular services (PRPP–IS). Some practical applications of the problem can be found in road maintenance operations and road network surveillance, for example. In order to solve …
Estimating the Demand for New Destinations for a Regional Airport Based on Its Catchment Area
2020
Abstract Estimating accurately demand both at market and company level for specific goods and services can be considered a necessity for every organization. Traditional demand estimation methods may not be relevant for estimating the demand for new destinations to be introduced by a regional airport. The present paper proposes to fill this gap and to develop the demand estimation literature by presenting a novel demand estimation method. Two research objectives are developed in this regard: (1) determining the catchment area of Sibiu International Airport (a regional airport in Romania) for destinations operated by competitor airports and not by Sibiu International Airport and (2) estimatin…
Competition and cooperation for intermodal container transhipment: A network optimization approach
2018
Abstract This study presents an analysis of cross-border competition and cooperation between ports in Bangladesh and India. Nepal and Bhutan are countries without access to seaports — two landlocked countries in South Asia, depending solely on the Indian port of Kolkata for their international seaborne trade. Alternatives do exist in the Bangladeshi ports of Chittagong and Mongla but these are not exploited, in spite of trade agreements that allow access to a third country's port, and/or crossing the land of a third, intermediate, country. We formulate a mixed integer linear programming optimization model to find the optimum economic benefit of port users (serving Bhutan, Nepal and Northeas…