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

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.

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Year of publication:	2014-01-27
Authors:	Srour, Srour, F.J. ; Agatz, Agatz, N.A.H. ; Oppen, Oppen, J.
Institutions:	Erasmus Research Institute of Management (ERIM), Erasmus Universiteit Rotterdam
Subject:	routing \| value of information \| dynamic pick-up and delivery problem with time windows \| multiple scenario analysis

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Extent:	application/pdf
Series:	ERIM Report Series Research in Management. - ISSN 1566-5283.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series RePEc:ems:eureri Number ERS-2014-002-LIS
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010837482