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Problem definition: We study the combined value of partial demand visibility and flexible capacity, two hedging mechanisms against demand uncertainty, when signing capacity contracts with temporal commitment. Academic/Practical Relevance: With new technological innovations, short commitment...
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Problem definition. We study a point-to-point transportation problem, where the transportation planner can use both shuttles and mobility-on-demand vehicles (MoDs) to serve the incoming random demand of passengers.A natural example is the problem of employee commute, a setting where employers...
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In this paper, we explore trade-offs between operational flexibility and operational complexity in periodic distribution problems. We consider the gains from operational flexibility in terms of vehicle routing costs and customer service benefits, and the costs of operational complexity in terms...
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