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Exact and heuristic solution approaches for the bid construction problem in transportation procurement auctions with a heterogeneous fleet

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  • Hammami, Farouk
  • Rekik, Monia
  • Coelho, Leandro C.

Abstract

This paper solves the bid construction problem (BCP) for heterogeneous truckload operations. Exact and heuristic solution methods are proposed to solve the BCP. The heuristic framework is based on a destroy-repair principle coupled with local search procedures. A heuristic variant integrating a post-optimization method considering solutions obtained during the heuristic search is also proposed. The exact approach uses CPLEX to solve an adapted arc-based mathematical formulation with our best heuristic solution as an initial solution. Computational results show that the proposed methods perform very well in terms of CPU time and solution quality for existing and new sets of instances.

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  • Hammami, Farouk & Rekik, Monia & Coelho, Leandro C., 2019. "Exact and heuristic solution approaches for the bid construction problem in transportation procurement auctions with a heterogeneous fleet," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 127(C), pages 150-177.
  • Handle: RePEc:eee:transe:v:127:y:2019:i:c:p:150-177
    DOI: 10.1016/j.tre.2019.05.009
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    1. Hammami, Farouk & Rekik, Monia & Coelho, Leandro C., 2021. "Exact and hybrid heuristic methods to solve the combinatorial bid construction problem with stochastic prices in truckload transportation services procurement auctions," Transportation Research Part B: Methodological, Elsevier, vol. 149(C), pages 204-229.
    2. Zhang, Huili & Luo, Kelin & Xu, Yao & Xu, Yinfeng & Tong, Weitian, 2022. "Online crowdsourced truck delivery using historical information," European Journal of Operational Research, Elsevier, vol. 301(2), pages 486-501.
    3. Yang, Fei & Dai, Ying & Ma, Zu-Jun, 2020. "A cooperative rich vehicle routing problem in the last-mile logistics industry in rural areas," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 141(C).
    4. Lau, Hoong Chuin & Li, Baoxiang, 2021. "Solving the winner determination problem for online B2B transportation matching platforms," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 150(C).

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