Dynamic Optimisation of Road Freight Transport Operations in Competitive Market Environments

Hendrik Braun

doi:10.26182/5b909720bdb69

Dynamic Optimisation of Road Freight Transport Operations in Competitive Market Environments

Hendrik Braun

UWA Business School

Research output: Thesis › Doctoral Thesis

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Abstract

This thesis presents a profit optimisation system for road freight carriers, featuring the examination of dynamically incoming transport requests. Marginal cost and prices are determined in terms of present and expected future demand with the objective of maximising profits for the current time-period.
The problem is formulated as a dynamic pick-up and delivery problem with time windows (DPDPTW} and an Adaptive Tabu Search heuristic has been proposed to solve the problem.
Case study results show that applying the system helps operators in selecting the most profitable requests, finding their 'niche markets' and increasing profit margins to up to 20%.

Original language	English
Qualification	Doctor of Philosophy
Awarding Institution	The University of Western Australia
Supervisors/Advisors	Olaru, Doina, Supervisor Smith, Brett, Supervisor
Thesis sponsors	Australian Government Research Training Program
Award date	8 Aug 2018
DOIs	https://doi.org/10.26182/5b909720bdb69
Publication status	Unpublished - 2018

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THESIS - DOCTOR OF PHILOSOPHY - BRAUN Hendrik - 2018
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Cite this

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title = "Dynamic Optimisation of Road Freight Transport Operations in Competitive Market Environments",

abstract = "This thesis presents a profit optimisation system for road freight carriers, featuring the examination of dynamically incoming transport requests. Marginal cost and prices are determined in terms of present and expected future demand with the objective of maximising profits for the current time-period.The problem is formulated as a dynamic pick-up and delivery problem with time windows (DPDPTW} and an Adaptive Tabu Search heuristic has been proposed to solve the problem.Case study results show that applying the system helps operators in selecting the most profitable requests, finding their 'niche markets' and increasing profit margins to up to 20%.",

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AB - This thesis presents a profit optimisation system for road freight carriers, featuring the examination of dynamically incoming transport requests. Marginal cost and prices are determined in terms of present and expected future demand with the objective of maximising profits for the current time-period.The problem is formulated as a dynamic pick-up and delivery problem with time windows (DPDPTW} and an Adaptive Tabu Search heuristic has been proposed to solve the problem.Case study results show that applying the system helps operators in selecting the most profitable requests, finding their 'niche markets' and increasing profit margins to up to 20%.

KW - Road freight transport

KW - Forecasting

KW - Profit optimisation

KW - Dynamic pricing

KW - Vehicle routing

KW - Capacity control

KW - Revenue management

KW - Heuristic optimisation

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M3 - Doctoral Thesis

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Dynamic Optimisation of Road Freight Transport Operations in Competitive Market Environments

Abstract

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