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

Short-Term Truckload Spot Rates' Prediction In Consideration Of Temporal And Between-Route Correlations, Wei Xiao, Chuan Xu, Hongling Liu, Hong Yang, Xiaobo Liu Jan 2020

Short-Term Truckload Spot Rates' Prediction In Consideration Of Temporal And Between-Route Correlations, Wei Xiao, Chuan Xu, Hongling Liu, Hong Yang, Xiaobo Liu

Computational Modeling & Simulation Engineering Faculty Publications

Truckload spot rate (TSR), defined as a price offered on the spot to transport a certain cargo by using an entire truck on a target transportation line, usually price per kilometer-ton, is a key factor in shaping the freight market. In particular, the prediction of short-term TSR is of great importance to the daily operations of the trucking industry. However, existing predictive practices have been limited largely by the availability of multilateral information, such as detailed intraday TSR information. Fortunately, the emerging online freight exchange (OFEX) platforms provide unique opportunities to access and fuse more data for probing the trucking …


Embedding Simulation Education Into The Engineering Management Body Of Knowledge, Andreas Tolk, Ghaith Rabadi, Donald N. Merino Jan 2009

Embedding Simulation Education Into The Engineering Management Body Of Knowledge, Andreas Tolk, Ghaith Rabadi, Donald N. Merino

Computational Modeling & Simulation Engineering Faculty Publications

The American Society for Engineering Management (ASEM) established a Body of Knowledge (BoK). As simulation is of growing interest to engineers in general and to engineering managers in particular, simulation is part of this documentation of domains of interest that characterise the profession. The basis for the Body of Knowledge comprises of established and accredited curricula and additional input from practitioners of the field. As it is essential to cover the basic topics and core competences as well as application specific domain knowledge, the simulation education for engineers is categorised into topics on simulation theory and simulation application.