1. Medium-Term Pricing and Operations Planning in Intermodal Transportation.
- Author
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Li Li and Tayur, Sridhar
- Subjects
- *
CONTAINERIZATION , *CONTAINERS , *TRANSPORTATION , *PRICING , *PLANNING , *NONLINEAR programming - Abstract
Motivated by a real application that requires effective medium-term planning in intermodal transportation, we develop a mathematical programming model that jointly considers pricing and operations planning. Building on available work from marketing and transportation literature, we develop a new method for considering pricing, as well as develop distinctly different operations submodels that are appropriate for this context. We solve the resulting nonlinear optimization problem (with continuous and 0-1 variables)to optimality through a decomposition that exploits the structure of subproblems. Computational testing on industrial-sized problems shows that our algorithm is very quick, allowing for effective scenario testing and "what-if"analysis. [ABSTRACT FROM AUTHOR]
- Published
- 2005
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