Publication:
Pricing for delivery time flexibility

dc.contributor.coauthorSavelsbergh, Martin
dc.contributor.departmentDepartment of Industrial Engineering
dc.contributor.kuauthorYıldız, Barış
dc.contributor.schoolcollegeinstituteCollege of Engineering
dc.date.accessioned2024-11-09T13:14:27Z
dc.date.issued2020
dc.description.abstractWe study a variant of the multi-period vehicle routing problem, in which a service provider offers a discount to customers in exchange for delivery flexibility. We establish theoretical properties and empirical insights regarding the intricate and complex relation between the benefit from additional delivery flexibility, the discounts offered to customers to gain additional delivery flexibility, and the likelihood of acceptance of discount offers by customers. Computational experiments, using an exact dynamic programming algorithm show that, depending on the setting, cost savings exceeding 30% can be achieved.
dc.description.fulltextYES
dc.description.indexedbyWOS
dc.description.indexedbyScopus
dc.description.openaccessYES
dc.description.publisherscopeInternational
dc.description.sponsoredbyTubitakEuN/A
dc.description.sponsorshipN/A
dc.description.versionAuthor's final manuscript
dc.description.volume133
dc.identifier.doi10.1016/j.trb.2020.01.004
dc.identifier.embargoNO
dc.identifier.filenameinventorynoIR02622
dc.identifier.issn0191-2615
dc.identifier.quartileN/A
dc.identifier.scopus2-s2.0-85078518736
dc.identifier.urihttps://doi.org/10.1016/j.trb.2020.01.004
dc.identifier.wos514551500011
dc.keywordsOperations research and management science
dc.keywordsTransportation
dc.keywordsTransportation science and technology
dc.keywordsAcceptance probability
dc.keywordsDiscount
dc.keywordsFlexibility
dc.keywordsMulti-period routing
dc.keywordsPricing
dc.language.isoeng
dc.publisherElsevier
dc.relation.grantnoNA
dc.relation.ispartofTransportation Research Part B: Methodological
dc.relation.urihttp://cdm21054.contentdm.oclc.org/cdm/ref/collection/IR/id/9261
dc.subjectEconomics
dc.subjectEngineering, civil
dc.titlePricing for delivery time flexibility
dc.typeJournal Article
dspace.entity.typePublication
local.contributor.kuauthorYıldız, Barış
local.publication.orgunit1College of Engineering
local.publication.orgunit2Department of Industrial Engineering
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