On the application of a transportation model for revenue optimization in waste management: a case study
This paper describes an interactive decision support system called Opti-Link which has been developed for a company operating in the area of waste and raw material management. Built around a specific transportation problem, the system is used to maximize the revenue generated by selling waste paper to paper mills. Furthermore, the dual variables of the linear program allow the planner to identify upper bounds for setting bid prices to buy waste paper from waste collection companies. First operational results indicate a significant increase in profit while at the same time the duration of the planning process could be cut by more than half. Copyright Springer-Verlag 2009
Volume (Year): 17 (2009)
Issue (Month): 1 (March)
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