Abstract
In this paper, we deal with the generation of bundles of loads to be submitted by carriers participating in combinatorial auctions in the context of long-haul full truckload transportation services. We develop a probabilistic optimization model that integrates the bid generation and pricing problems together with the routing of the carrier's fleet. We propose two heuristic procedures that enable us to solve models with up to 400 auctioned loads.
| Original language | English |
|---|---|
| Pages (from-to) | 991-999 |
| Number of pages | 9 |
| Journal | European Journal of Operational Research |
| Volume | 236 |
| Issue number | 3 |
| DOIs | |
| Publication status | Published - Aug 1 2014 |
Keywords
- Auctions/bidding
- Probabilistic constraints
- Truckload procurement
ASJC Scopus subject areas
- Management Science and Operations Research
- Modelling and Simulation
- Information Systems and Management
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Cite this
Triki, C., Oprea, S., Beraldi, P., & Crainic, T. G. (2014). The stochastic bid generation problem in combinatorial transportation auctions. European Journal of Operational Research, 236(3), 991-999. https://doi.org/10.1016/j.ejor.2013.06.013