Fuel Consumption Costs of Routing Uncertainty
Stephan Unger () and
William Cheung ()
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Stephan Unger: University of Vienna
William Cheung: University of Macau
A chapter in Operations Research Proceedings 2013, 2014, pp 465-471 from Springer
Abstract:
Abstract We solve a car driver’s routing decision problem under uncertainty in terms of fuel consumption costs. Suppose a car driver can estimate his fuel consumption for a given route between A and B. We study the optimal decision regarding which route to take, given the possibility of travelling between A and B using different routes, where each route is characterized by stochastic uncertain fuel consumption due to unknown traffic at the time of decision. We show that the cost of fuel consumption decreases significantly when taking routes with uncertain knowledge about prevailing traffic.
Keywords: Fuel Consumption; Traffic Volume; Traffic Condition; Traffic Congestion; Fuel Price (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:oprchp:978-3-319-07001-8_63
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DOI: 10.1007/978-3-319-07001-8_63
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