Generalized route planning model for hazardous material transportation with VaR and equity considerations

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Generalized route planning model for hazardous material transportation with VaR and equity considerations

Recently, the Value-at-Risk (VaR) framework was introduced for the routing problem of a single hazmat trip. In this paper, we extend the VaR framework in two important ways. First, we show how to apply the VaR concept to a more realistic multi-trip multi-hazmat type framework, which determines routes that minimize the global VaR value while satisfying equity constraints. Second, we show how to ...

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ژورنال

عنوان ژورنال: Computers & Operations Research

سال: 2014

ISSN: 0305-0548

DOI: 10.1016/j.cor.2013.09.015