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The Vehicle Routing Problem: Latest Advances and New Challenges
Contributor(s): Golden, Bruce L. (Editor), Raghavan, S. (Editor), Wasil, Edward A. (Editor)
ISBN: 1441946039     ISBN-13: 9781441946034
Publisher: Springer
OUR PRICE:   $265.99  
Product Type: Paperback - Other Formats
Published: November 2010
Qty:
Additional Information
BISAC Categories:
- Business & Economics | Operations Research
- Mathematics | Linear & Nonlinear Programming
- Technology & Engineering | Industrial Engineering
Dewey: 519.72
Series: Operations Research/Computer Science Interfaces
Physical Information: 1.22" H x 6" W x 9" (1.76 lbs) 591 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
Theoretical research and practical applications in the ?eld of vehicle routing started in 1959 with the truck dispatching problem posed by Dantzig and Ramser [1]: ?nd the ". . . optimum routing of a ?eet of gasoline delivery trucks between a bulk terminal and a large number of service stations supplied by the terminal. " Using a method based on a linear programming formulation, their hand calculations produced a near-optimal solution with four routes to aproblemwithtwelve service stations. The authorsproclaimed: "Nopractical applications of the method have been made as yet. " In the nearly 50 years since the Dantzig and Ramser paper appeared, work in the ?eld has exploded dramatically. Today, a Google Scholar search of the words vehicle routing problem (VRP) yields more than 21,700 entries. The June 2006 issue of OR/MS Today provided a survey of 17 vendors of commercial routing software whose packages are currently capable of solving average-size problems with 1,000 stops, 50 routes, and two-hour hard-time windows in two to ten minutes [2]. In practice, vehicle routing may be the single biggest success story in operations research. For example, each day 103,500 drivers at UPS follow computer-generated routes. The drivers visit 7. 9 million customers and handle an average of 15. 6 million packages [3].