Integrating production scheduling and transportation procurement through combinatorial auctions
نویسندگان
چکیده
منابع مشابه
Combinatorial Auctions in the Procurement of Transportation Services
Most shippers go through an annual auction process of procuring transportation services, leading to an annual contract. This paper argues that the use of combinatorial auctions in this procurement can unlock significant reductions in operating costs for shippers, while protecting carriers from “winning” the lanes that do not fit their network, thus improving carriers’ operations as well. Combin...
متن کاملCombinatorial Auctions for Transportation Service Procurement: The Carrier Perspective
The procurement of transportation services is an important task for shippers because of the need to control costs at the same time as providing high service levels. When shippers with goods and/or materials to transport seek transportation services from outside companies they typically put out a request for quotes from a set of carriers. They then assign contracts based on negotiated service ch...
متن کاملCombinatorial Auctions in Procurement 1
Making the right pricing decision in sales or procurement is a complex task. While the types of pricing policies/methods used in the exchange of goods and services vary greatly, we can divide these mechanisms under two broad categories: posted price mechanisms and price discovery mechanisms. Under a posted price mechanism, a good is sold at a take-it-or-leave-it price determined by the seller...
متن کاملCombinatorial Auctions with Transportation Cost
The ability to discover equilibrium prices efficiently makes auctions an effective way to trade goods. One of the recent trends in the development of auctions is combinatorial auctions. Combinatorial auctions allow the simultaneous sale of more than one item. In the existing literature, the factor of transportation cost has not been considered in combinatorial auctions. In this paper, we formul...
متن کاملAn Experimental Comparison of Combinatorial Procurement Auctions
The need for new procurement auction mechanisms that allow for rich bid types such as bundle bids on multiple items has been raised in many situations in industrial procurement. In addition to strategic problems, the design of these combinatorial auctions exhibits hard computational problems. For example, the winner determination typically leads to NP-hard allocation problems in combinatorial a...
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ژورنال
عنوان ژورنال: Networks
سال: 2020
ISSN: 0028-3045,1097-0037
DOI: 10.1002/net.21967