EconPapers    
Economics at your fingertips  
 

A real-time adjustment strategy for the operational level stochastic orienteering problem: A simulation-aided optimization approach

Zheyong Bian and Xiang Liu

Transportation Research Part E: Logistics and Transportation Review, 2018, vol. 115, issue C, 246-266

Abstract: This paper focuses on operational level stochastic orienteering problem, in which travel time and service time are stochastic and the vehicle can adjust its routing plan. A real-time adjustment strategy, called Simulation-Aided Multiple Plan Approach (SMPA), is proposed to optimize the real-time vehicle routing plan. We embed a “myopia prevention” strategy into SMPA to improve solution quality. The numerical experiment compares the performance of our proposed algorithm with a strategic level algorithm and another commonly used operational level algorithm called re-optimization algorithm. The results show that our algorithm outperforms previous methods in both solution quality and computing time.

Keywords: Stochastic orienteering problem; Vehicle routing; Routing adjustment; Monte Carlo simulation; Multiple plan approach (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1366554517310037
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:transe:v:115:y:2018:i:c:p:246-266

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/600244/bibliographic
http://www.elsevier. ... 600244/bibliographic

DOI: 10.1016/j.tre.2018.05.004

Access Statistics for this article

Transportation Research Part E: Logistics and Transportation Review is currently edited by W. Talley

More articles in Transportation Research Part E: Logistics and Transportation Review from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:transe:v:115:y:2018:i:c:p:246-266