DocumentCode
2552541
Title
Asymptotic optimality of freight booking control problem for the rail container carrier
Author
Cao, Chengxuan ; Gao, Ziyou ; Li, Keping
Author_Institution
State Key Lab. of Rail Traffic Control & Safety, Beijing Jiaotong Univ., Beijing, China
fYear
2009
fDate
21-23 Oct. 2009
Firstpage
415
Lastpage
419
Abstract
In this paper, we consider the freight booking control problem for the rail container carrier. The problem is formulated as a stochastic optimization problem to set freight booking limits for maximizing the total revenue generated by all accepted bookings. We derive the fluid limit of the problem under the optimal booking control policy.
Keywords
freight handling; optimal control; railways; stochastic programming; transportation; asymptotic optimality; fluid limit; freight booking limit; optimal freight booking control problem; rail container carrier; stochastic optimization problem; total revenue maximization; transportation; Containers; Leg; Marketing and sales; Mathematical model; Optimal control; Rail transportation; Railway safety; Road transportation; Stochastic processes; Technology management; Asymptotic optimality; Booking control; Rail container;
fLanguage
English
Publisher
ieee
Conference_Titel
Industrial Engineering and Engineering Management, 2009. IE&EM '09. 16th International Conference on
Conference_Location
Beijing
Print_ISBN
978-1-4244-3671-2
Electronic_ISBN
978-1-4244-3672-9
Type
conf
DOI
10.1109/ICIEEM.2009.5344559
Filename
5344559
Link To Document