Browsing by Subject "Transportation pricing"
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Item Open Access Replenishment and transportation pricing decisions under two independent carriers with different modes(2009) Bingöl, Safa OnurFreight transportation constitutes a substantial cost component in global economics and consumes significant amounts of energy. With the increasing oil prices, scarcity of resources and environmental concerns, efficient operation of transportation activities has become even more important than it was in the past. These raising concerns necessitate the companies which utilize this activity to plan for transportation more carefully and conservatively, and the ones that support it to appraise its value more cautiously. In this thesis, we consider a setting consisting of a retailer, a truck-load carrier and a less-than-truck-load carrier. We model and solve the retailer’s integrated inventory and transportation problem under the presence of two modes of carriers. Characterising the solution for the retailer’s replenishment problem, we then analyze the transportation pricing decisions of the carriers. We show that substantial savings can be achieved by the retailer due to integrating inventory and transportation decisions. We also quantify the savings for the TL carrier and the LTL carrier through carefully determining their transportation price schedules.Item Open Access Transportation pricing of a truckload carrier(Elsevier, 2011) Toptal, A.; Bingöl, S. O.Freight transportation is a major component of logistical operations. Due to the increase in global trade, fierce competition among shippers and raising concerns about energy, companies are putting more emphasis on effective management and usage of transportation services. This paper studies the transportation pricing problem of a truckload carrier in a setting that consists of a retailer, a truckload carrier and a less than truckload carrier. In this setting, the truckload carrier makes his/her pricing decision based on previous knowledge on the less than truckload carrier's price schedule and the retailer's ordering behavior. The retailer then makes a determination of his/her order quantity through an integrated model that explicitly considers the transportation alternatives, and the related costs (i.e., bimodal transportation costs) and capacities. In the paper, the retailer's replenishment problem and the truckload carrier's pricing problem are modeled and solved based on a detailed analysis. Numerical evidence shows that the truckload carrier may increase his/her gainings significantly through better pricing and there is further opportunity of savings if the truckload carrier and the retailer coordinate their decisions.