Volume 57, Number 2, March-April 2023
|Page(s)||677 - 695|
|Published online||28 April 2023|
Fast synergy approximation in transportation procurement with combinatorial auctions
Industrial Engineering Department, Atatürk University, Erzurum, Turkey
2 Kent Business School, University of Kent, Canterbury, UK
3 Department of Engineering for Innovation, University of Salento, Lecce, Italy
4 College of Sciences and Engineering, Hamad bin Khalifa University, Doha, Qatar
* Corresponding author: firstname.lastname@example.org
Accepted: 16 February 2023
In this study we develop a decision support tool to help carriers in defining their bids when participating in transportation combinatorial auctions. In this way, they can avoid many of their empty movements and ensure additional business through the spot market. We propose three algorithms that quantify the synergy as a key concept to measure the complementarity between the carrier’s existing network and the contracts to be included in the bundles to be submitted as bids. The algorithms are validated on a real-life application and our results emphasized their superiority compared to previous studies.
Mathematics Subject Classification: 90C11 / 90C90 / 90B06
Key words: Transportation networks / combinatorial auctions / synergy approximation
© The authors. Published by EDP Sciences, ROADEF, SMAI 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License (https://creativecommons.org/licenses/by/4.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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