Efficient metaheuristics to solve the intermodal terminal location problem
AbstractDetermining the optimal number and location of intermodal transshipment terminals is a decision that strongly influences the viability of the intermodal transportation alternative. In this paper, we develop a model and an optimization method that provides policy makers with a tool to help them take these decisions. The objective of the terminal location problem described in this paper is to determine which of a set of potential terminal locations to use and which not and how to route the supply and demand of a set of customers (representing zones of supply and demand) through the network (by both uni- and intermodal transport) so as to minimize the total cost. We develop two different metaheuristic procedures that both consist of two phases: a solution construction phase and a solution improvement phase. The first metaheuristic constructs solutions using a GRASP procedure, the second one uses the relatively unknown attribute based hill climber (ABHC) heuristic. Innovative in our approach is the integration of a fast heuristic procedure to approximate the total cost given the set of open terminals. Both metaheuristics are compared to the results of an MIP solver. A thorough performance assessment uncovers that both metaheuristics generate close-to-optimal solutions in very short computing times. An argument in favor of the ABHC approach is that it is parameter-free and hence more transparent and likely to be accepted in a business or policy environment.
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Bibliographic InfoPaper provided by University of Antwerp, Faculty of Applied Economics in its series Working Papers with number 2012001.
Length: 36 pages
Date of creation: Jan 2012
Date of revision:
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Postal: Prinsstraat 13, B-2000 Antwerpen
Web page: https://www.uantwerp.be/en/faculties/applied-economic-sciences/
More information through EDIRC
Intermodal transportation; Terminal location; Metaheuristics;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-02-15 (All new papers)
- NEP-CMP-2012-02-15 (Computational Economics)
- NEP-TRE-2012-02-15 (Transport Economics)
- NEP-URE-2012-02-15 (Urban & Real Estate Economics)
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