Solving the open vehicle routeing problem via a single parameter metaheuristic algorithm
C D Tarantilis,
G Ioannou (),
C T Kiranoudis and
G P Prastacos
Additional contact information
C D Tarantilis: Athens University of Economics and Business
G Ioannou: Athens University of Economics and Business
C T Kiranoudis: National Technical University of Athens
G P Prastacos: Athens University of Economics and Business
Journal of the Operational Research Society, 2005, vol. 56, issue 5, 588-596
Abstract:
Abstract In this paper, we consider the open vehicle routeing problem (OVRP), in which routes are not sequences of locations starting and ending at the depot but open paths. The problem is of particular importance for planning fleets of hired vehicles, a common practice in the distribution and service industry. In such cases, the travelling cost is a function of the vehicle open paths. To solve the problem, we employ a single-parameter metaheuristic method that exploits a list of threshold values to guide intelligently an advanced local search. Computational results on a set of benchmark problems show that the proposed method consistently outperforms previous approaches for the OVRP. A real-world example demonstrates the applicability of the method in practice, demonstrating that the approach can be used to solve actual problems of routing large vehicle fleets.
Keywords: distribution; vehicle routeing; transportation; logistics (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (9)
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Persistent link: https://EconPapers.repec.org/RePEc:pal:jorsoc:v:56:y:2005:i:5:d:10.1057_palgrave.jors.2601848
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DOI: 10.1057/palgrave.jors.2601848
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