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

Author

Listed:
  • Srour, F.J.
  • Agatz, N.A.H.
  • Oppen, J.

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.

Suggested Citation

  • Srour, F.J. & Agatz, N.A.H. & Oppen, J., 2014. "The Value of Inaccurate Advance Time Window Information in a Pick-up and Delivery Problem," ERIM Report Series Research in Management ERS-2014-002-LIS, 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.
  • Handle: RePEc:ems:eureri:50394
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    File URL: https://repub.eur.nl/pub/50394/ERS-2014-002-LIS.pdf
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    References listed on IDEAS

    as
    1. 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.
    2. 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.
    3. Soumia Ichoua & Michel Gendreau & Jean-Yves Potvin, 2006. "Exploiting Knowledge About Future Demands for Real-Time Vehicle Dispatching," Transportation Science, INFORMS, vol. 40(2), pages 211-225, May.
    4. Gianpaolo Ghiani & Emanuele Manni & Barrett W. Thomas, 2012. "A Comparison of Anticipatory Algorithms for the Dynamic and Stochastic Traveling Salesman Problem," Transportation Science, INFORMS, vol. 46(3), pages 374-387, August.
    5. Barrett W. Thomas & Chelsea C. White, 2004. "Anticipatory Route Selection," Transportation Science, INFORMS, vol. 38(4), pages 473-487, November.
    6. 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.
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    More about this item

    Keywords

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

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