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The Value of Inaccurate Advance Time Window Information in a Pick-up and Delivery Problem

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  • Srour, F.J.
  • Agatz, N.A.H.
  • Oppen, J.
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    Abstract

    We examine different routing strategies to cope with inaccurate time window in- formation in the context of a dynamic pick-up and delivery problem with time windows. Our experiments show that advance information, even if inaccurate, can provide benefits from a planning perspective. We propose a novel stochastic strategy that consistently performs well compared to several benchmark strategies.

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    File URL: http://repub.eur.nl/pub/50394/ERS-2014-002-LIS.pdf
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    Bibliographic Info

    Paper provided by Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam in its series ERIM Report Series Research in Management with number ERS-2014-002-LIS.

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    Date of creation: 27 Jan 2014
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    Handle: RePEc:ems:eureri:50394

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    Related research

    Keywords: routing; value of information; dynamic pick-up and delivery problem with time windows; multiple scenario analysis;

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    1. Ghiani, Gianpaolo & Guerriero, Francesca & Laporte, Gilbert & Musmanno, Roberto, 2003. "Real-time vehicle routing: Solution concepts, algorithms and parallel computing strategies," European Journal of Operational Research, Elsevier, vol. 151(1), pages 1-11, November.
    2. Mitrovic-Minic, Snezana & Krishnamurti, Ramesh & Laporte, Gilbert, 2004. "Double-horizon based heuristics for the dynamic pickup and delivery problem with time windows," Transportation Research Part B: Methodological, Elsevier, vol. 38(8), pages 669-685, September.
    3. Tjokroamidjojo, Darsono & Kutanoglu, Erhan & Taylor, G. Don, 2006. "Quantifying the value of advance load information in truckload trucking," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 42(4), pages 340-357, July.
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