Abstract
This paper deals with the maximization of the synergy within a carrier's transportation network. This key concept of synergy is particularly important when participating in combinatorial auctions for the procurement in full-truckload transportation service. Our ideas derive from the advances achieved in the field of graph theory and are based on the technique of minimizing the distance between the booked and auctioneed lanes. We develop two optimization formulations that mainly differ in the objective function and that have been described by using an illustrative example that has taken from the literature and suitably adapted for the purpose of our application.
| Original language | English |
|---|---|
| Title of host publication | Proceedings of the International Conference on Industrial Engineering and Operations Management, IEOM 2018 |
| Publisher | IEOM Society |
| Pages | 2887-2892 |
| Number of pages | 6 |
| Volume | 2018-March |
| ISBN (Print) | 9781532359446 |
| Publication status | Published - 2018 |
| Event | 8th International Conference on Industrial Engineering and Operations Management, IEOM 2018 - Bandung, Indonesia Duration: Mar 6 2018 → Mar 8 2018 |
Other
| Other | 8th International Conference on Industrial Engineering and Operations Management, IEOM 2018 |
|---|---|
| Country/Territory | Indonesia |
| City | Bandung |
| Period | 3/6/18 → 3/8/18 |
Keywords
- Auctions
- Integer formulations
- Synergy
- Transportation industry
ASJC Scopus subject areas
- Strategy and Management
- Management Science and Operations Research
- Control and Systems Engineering
- Industrial and Manufacturing Engineering