To Pioneer or Follow?: Strategy of Entry Order
Publication Type
Book Chapter
Publication Date
1991
Abstract
In this paper, we consider a truck dock assignment problem with an operational time constraint in crossdocks where the number of trucks exceeds the number of docks available. The problem feasibility is affected by three factors: the arrival and departure time window of each truck, the operational time for cargo shipment among the docks, and the total capacity available to the crossdock. The objective is to find an optimal assignment of trucks that minimizes the operational cost of the cargo shipments and the total number of unfulfilled shipments at the same time. We combine the above two objectives into one term: the total cost, a sum of the total dock operational cost and the penalty cost for all the unfulfilled shipments. The problem is then formulated as an integer programming (IP) model. We find that as the problem size grows, the IP model size quickly expands to an extent that the ILOG CPLEX Solver can hardly manage. Therefore, two meta-heuristic approaches, Tabu Search (TS) and genetic algorithm (GA), are proposed. Computational experiments are conducted, showing that meta-heuristics, especially the Tabu search, dominate the CPLEX Solver in nearly all test cases adapted from industrial applications.
Discipline
Business
Research Areas
Strategy and Organisation
Publication
Handbook of Business Strategy
Volume
2
ISBN
9780791306987
Publisher
Warren, Gorham, and Lamont
Citation
MONTGOMERY, David B. and Lieberman, M.L..
To Pioneer or Follow?: Strategy of Entry Order. (1991). Handbook of Business Strategy. 2,.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/1663