Asset liability management under sequential stochastic dominance constraints
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Applications – OR and Management Sciences
Neural Approximate Dynamic Programming for the Ultra-fast Order Dispatching Problem
Same-Day Delivery (SDD) services aim to maximize the fulfillment of online orders while minimizing delivery delays but are beset by operational uncertainties such as those in order volumes and courier planning. Our work aims to enhance the operational efficiency of SDD by focusing on the ultra-fast Order Dispatching Problem (ODP), which involves matching and dispatching … Read more
Solving Various Classes of Arc Routing Problems with a Memetic Algorithm-based Framework
Arc routing problems are combinatorial optimization problems that have many real-world applications, such as mail delivery, snow plowing, and waste collection. Various variants of this problem are available, as well as algorithms intended to solve them heuristically or exactly. Presented here is a generic algorithmic framework that can be applied to a variety of arc … Read more
Facets of the knapsack polytope from non-minimal covers
We propose two new classes of valid inequalities (VIs) for the binary knapsack polytope, based on non-minimal covers. We also show that these VIs can be obtained through neither sequential nor simultaneous lifting of well-known cover inequalities. We further provide conditions under which they are facet-defining. The usefulness of these VIs is demonstrated using computational … Read more
Cross-Dock Trailer Scheduling with Workforce Constraints: A Dynamic Discretization Discovery Approach
LTL freight carriers operate consolidation networks that utilize cross-docking terminals to facilitate thetransfer of freight between trailers and enhance trailer utilization. This research addresses the problem ofdetermining an optimal schedule for unloading inbound trailers at specific unloading doors using teams ofdock workers. The optimization objective is chosen to ensure that outbound trailers are loaded with … Read more
A variable neighborhood search for the green vehicle routing problem with two-dimensional loading constraints and split delivery
\(\) We address the Green Vehicle Routing Problem with Two-Dimensional Loading Constraints and Split Delivery (G2L-SDVRP), which extends the split delivery vehicle routing problem to include customer demands represented by two-dimensional, rectangular items. We aim to minimize carbon dioxide (CO\(_2\)) emissions instead of travel distance, a critical issue in contemporary logistics activities. The CO\(_2\) emission … Read more
Robust Continuous-Time Service Network Design under Travel Time Uncertainty
The continuous-time service network design problem (CTSNDP) has wide applications in the field of transportation, but it is complicated by travel time uncertainty resulting from unpredictable traffic conditions. Incorporating uncertain travel times poses a significant challenge, as time-indexed mixed-integer linear programming (MILP) formulations commonly used to solve the CTSNDP with deterministic travel times become impractical. … Read more
The Robust Bike Sharing Rebalancing Problem: Formulations and a Branch-and-Cut Algorithm
Bike Sharing Systems (BSSs) offer a sustainable and efficient urban transportation solution, bringing flexible and eco-friendly alternatives to city logistics. During their operation, BSSs may suffer from unbalanced bike distribution among stations, requiring rebalancing operations throughout the system. The inherent uncertain demand at the stations further complicates these rebalancing operations, even when performed during downtime. … Read more
Data-driven Stochastic Vehicle Routing Problems with Deadlines
Vehicle routing problems (VRPs) with deadlines have received significant attention around the world. Motivated by a real-world food delivery problem, we assume that the travel time depends on the routing decisions, and study a data-driven stochastic VRP with deadlines and endogenous uncertainty. We use the non-parametric approaches, including k-nearest neighbor (kNN) and kernel density estimation … Read more
DC programming approach for solving a class of bilevel partial facility interdiction problems
We propose a new approach based DC programming for fnding a solution of the partial facility interdiction problem that belongs to the class of bilevel programming. This model was frst considered in the work of Aksen et al. [1] with a heuristic algorithm named multi-start simplex search (MSS). However, because of the big number of … Read more