Optimization models and algorithms: an emerging technology for the motor carrier industry

Optimization models and algorithms for transportation are reviewed with the intent the providing lay management with at least a feeling of the range of technologies that are available and a sense of the strengths and weaknesses of each. The different types of applications of optimization to transportation that have evolved are described, and it is indicated how different methods are suited to different types of problems. Special attention is given to real-time optimization for truckload motor carriers. An interactive graphic simulation system, called MIDAS (micro dispatch and simulation), that was developed for demonstrating optimization methods is reported. It allows the user to compete against the optimization model in a real-time framework.<
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