Shipment in a multi-choice environment: a case study of shipping carriers in US
Shalabh Singh () and
Sonia Singh ()
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Shalabh Singh: Indian Institute of Management Raipur
Sonia Singh: Indian Institute of Management, Prabandh Nagar
Central European Journal of Operations Research, 2022, vol. 30, issue 4, No 3, 1195-1219
Abstract:
Abstract This research paper studies a bi-objective multi-choice scenario faced by a decision maker while shipping packets across a transportation network. A varying range of carriers with multiple time and cost options give rise to multi-choice parameters. In order to equip the decision maker for solving this multi-choice time–cost trade-off scenario, a multi-choice bi-objective transportation problem with fuzzy as well as crisp parameters is modeled. Firstly, a fuzzy transportation problem covering time critical services from a single shipping carrier is solved with the objective of minimizing total shipment cost along with the makespan. Further, the same problem has been analyzed considering multiple carriers for non-time critical services. The algorithms are validated on a use case covering ten major cities of the US with the time–cost data from UPS, FedEx and USPS.
Keywords: Multi-choice programming; Transportation problem; Time–cost trade-off; Multi-criteria decision making; Logistics (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:cejnor:v:30:y:2022:i:4:d:10.1007_s10100-021-00757-2
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DOI: 10.1007/s10100-021-00757-2
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