Cost of transportation railroads

Combinatorial Auctions with Transportation Cost

The ability to discover equilibrium prices efficiently makes auctions an effective way to trade goods. One of the recent trends in the development of auctions is combinatorial auctions. Combinatorial auctions allow the simultaneous sale of more than one item. In the existing literature, the factor of transportation cost has not been considered in combinatorial auctions. In this paper, we formul...

Application of cost models in transportation companies

The function of transportation services is covering of distances and transferring goods, passengers and messages from one place to another. There is a possibility to use a simple and complex cost model or their modification to reflect transportation costs and their impact. The resulting value obtained from the usage of a complex cost model is influenced by a material expensiveness, wage expensi...

Railroads and American Law

Cost driven traffic assignment in transportation networks

A cost driven traffic assignment model is proposed to maximise the global benefit of transportation network users. A decentralised primal-dual time synchronised approach is used to solve for the optimal traffic rates subjecting the objective function to the bounds of the network tolerable costs. For a successful operation of the transportation network, the affordable upper bounds on the costs h...

Transportation Cost Optimization Using Linear Programming

Optimization means using resources and existing technology at the best possible way. Better planning and its execution results in optimization of many problems. Quantitative models and mathematical tools such as linear programming allows for better result. We can use modern computing equipment for this purpose. Nowadays various problems of operational planning for transportation problems are so...