Article

Recurrent decision approaches to shipment-release timing in freight consolidation

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Discusses “recurrent approaches” to determining when to despatch a consolidated load. Unlike a “non‐recurrent approach” (which sets a target time or weight prior to accumulating orders and despatches when the target is reached), recurrent approaches re‐evaluate the shipment‐release decision several times within an order accumulation cycle. Presents two probabilistic recurrent models, one assuming private transportation and the other common carriage. Compares the performance of these models with the nonrecurrent rules of despatching the “economic shipment weight” or, in the case of common carriage, the minimum volume weight. Concludes that with both forms of transportation, the decision heuristic outperforms despatching the economic shipment weight when that weight is close to vehicle capacity. Shows that, with common carriage, the use of the more sophisticated model does not yield better cost results than the minimum volume weight despatch rule. Discusses the reasons for, and implications of, these results.

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Ketersediaan

Informasi Detail

Judul Seri

Vol. 25 No. 5, 1995, pp. 3-23.

No. Panggil

ATC LO HIG r

Penerbit

Canada : Emerald Insight., 1995

Deskripsi Fisik

23 p.

Bahasa

English

ISBN/ISSN

-

Klasifikasi

LO

Tipe Isi

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Tipe Media

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Tipe Pembawa

online resource

Edisi

Vol. 25 Issue: 5, pp.3-23

Subjek

Logistics
modelling
TRANSPORT

Info Detail Spesifik

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Pernyataan Tanggungjawab

James K. Higginson

Versi lain/terkait

Lampiran Berkas

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