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The Rail Carrier-Route Choice Model
AbstractThere is currently considerable interest in studying the behavior of both shippers and carriers in the transportation market place. The Rail Carrier-Route Choice Model, or (RC)2, was developed to model the behavior of carriers in the rail industry. The (RC)2 routes individual shipments, one at a time, through a network representation of the U.S. rail system. The algorithm used by the model finds the path for each shipment which minimizes each railroad's operating (fully allocated) cost while maximizing the railroad's share of total revenue. It does this by finding a sequence of intercarrier transfer nodes which minimizes the railroad's cost to provide service between the nodes and which also minimizes the amount of available revenue that is “lost” to other railroads. The (RC)2 has been tested for several known and anticipated coal shipments for various electric utilities. Results of test runs are presented and show the model to be computationally efficient and an accurate selector of routes.
The Rail Carrier-Route Choice Model
AbstractThere is currently considerable interest in studying the behavior of both shippers and carriers in the transportation market place. The Rail Carrier-Route Choice Model, or (RC)2, was developed to model the behavior of carriers in the rail industry. The (RC)2 routes individual shipments, one at a time, through a network representation of the U.S. rail system. The algorithm used by the model finds the path for each shipment which minimizes each railroad's operating (fully allocated) cost while maximizing the railroad's share of total revenue. It does this by finding a sequence of intercarrier transfer nodes which minimizes the railroad's cost to provide service between the nodes and which also minimizes the amount of available revenue that is “lost” to other railroads. The (RC)2 has been tested for several known and anticipated coal shipments for various electric utilities. Results of test runs are presented and show the model to be computationally efficient and an accurate selector of routes.
The Rail Carrier-Route Choice Model
Bronzini, Michael S. (Autor:in) / Sherman, David (Autor:in)
Transportation Research Part A: General ; 17 ; 463-469
01.01.1983
7 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
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