scholarly journals Anticipatory approach for dynamic and stochastic shipment matching in hinterland synchromodal transportation

Author(s):  
Wenjing Guo ◽  
Bilge Atasoy ◽  
Wouter Beelaerts van Blokland ◽  
Rudy R. Negenborn

AbstractThis paper investigates a dynamic and stochastic shipment matching problem faced by network operators in hinterland synchromodal transportation. We consider a platform that receives contractual and spot shipment requests from shippers, and receives multimodal services from carriers. The platform aims to provide optimal matches between shipment requests and multimodal services within a finite horizon under spot request uncertainty. Due to the capacity limitation of multimodal services, the matching decisions made for current requests will affect the ability to make good matches for future requests. To solve the problem, this paper proposes an anticipatory approach which consists of a rolling horizon framework that handles dynamic events, a sample average approximation method that addresses uncertainties, and a progressive hedging algorithm that generates solutions at each decision epoch. Compared with the greedy approach which is commonly used in practice, the anticipatory approach has total cost savings up to 8.18% under realistic instances. The experimental results highlight the benefits of incorporating stochastic information in dynamic decision making processes of the synchromodal matching system.

Author(s):  
Tingsong Wang ◽  
Shuaian Wang ◽  
Qiang Meng

2012 ◽  
Vol 29 (02) ◽  
pp. 1250014
Author(s):  
MEI-JU LUO ◽  
GUI-HUA LIN

In this paper, we discuss the Expected Residual Minimization (ERM) method, which is to minimize the expected residue of some merit function for box constrained stochastic variational inequality problems (BSVIPs). This method provides a deterministic model, which formulates BSVIPs as an optimization problem. We first study the conditions under which the level sets of the ERM problem are bounded. Then, we show that solutions of the ERM formulation are robust in the sense that they may have a minimum sensitivity with respect to random parameter variations in BSVIPs. Since the integrality involved in the ERM problem is difficult to compute generally, we then employ sample average approximation method to solve it. Finally, we show that the global optimal solutions and generalized KKT points of the approximate problems converge to their counterparts of the ERM problem. On the other hand, as an application, we consider the model of European natural gas market under price uncertainty. Preliminary numerical experiments indicate that the proposed approach is applicable.


2010 ◽  
Vol 133 (1-2) ◽  
pp. 171-201 ◽  
Author(s):  
Jian Hu ◽  
Tito Homem-de-Mello ◽  
Sanjay Mehrotra

Sign in / Sign up

Export Citation Format

Share Document