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Shipper Decision Support for the Acceptance of Bids during the Procurement of Transport Services

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Computational Logistics (ICCL 2011)

Part of the book series: Lecture Notes in Computer Science ((LNTCS,volume 6971))

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Abstract

Combinatorial reverse auctions can be used by shippers in order to procure transportation services from carriers. After carriers have submitted their bids, a shipper has to decide about the allocation of transport services to carriers, i.e., a shipper has to solve the winner determination problem of the auction. This paper focuses on a bicriteria winner determination problem in which a shipper has to select a subset of the set of bids and simultaneously decide about the desired trade-off between total transportation costs and the quality of the entire transportation services. To solve this bicriteria optimization problem a metaheuristic is developed that computes a set of non-dominated solutions based on the concepts of multi-start, large neighborhood search and a bicriteria branch-and-bound procedure. Compared to previous results in the literature, the proposed algorithm is able to improve the set of non-dominated solutions for 14 out of 30 benchmark instances.

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Buer, T., Kopfer, H. (2011). Shipper Decision Support for the Acceptance of Bids during the Procurement of Transport Services. In: Böse, J.W., Hu, H., Jahn, C., Shi, X., Stahlbock, R., Voß, S. (eds) Computational Logistics. ICCL 2011. Lecture Notes in Computer Science, vol 6971. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-24264-9_2

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  • DOI: https://doi.org/10.1007/978-3-642-24264-9_2

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-24263-2

  • Online ISBN: 978-3-642-24264-9

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