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Operations Research, Systems Engineering and Industrial Engineering Commons

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Operational Research

Series

2019

Composite Index Method (CIM)

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Full-Text Articles in Operations Research, Systems Engineering and Industrial Engineering

An Empirical Study Of Mixed Integer Programming Formulations Of The Backhaul Profit Maximization Problem, Yulan Bai, Eli V. Olinick Aug 2019

An Empirical Study Of Mixed Integer Programming Formulations Of The Backhaul Profit Maximization Problem, Yulan Bai, Eli V. Olinick

Operations Research and Engineering Management

Solving an instance of the Backhaul Profit Maximization Problem (BPMP) requires simultaneously solving two problems: (1) determining how to route an empty delivery vehicle back from its current location to its depot by a scheduled arrival time, and (2) selecting a profit-maximizing subset of delivery requests between various locations on the route subject to the vehicle's capacity. We propose and test a series of enhancements to the node-arc and triples mixed integer programming formulations of BPMP found in the literature and develop a multi-criteria Composite Index Method (CIM) to evaluate the results. We find that CPLEX takes 5 to 34 …