Trade-off analysis, one of the key elements of transportation asset management (TAM), helps decision makers to not only quantify how different resource allocations affect system performance but also investigate the trade-off relationships between cost and performance measures and between different performance measures. In the fast-growing field of TAM, researchers are beginning to quantify the ...

Allocating and routing problems in the field of transportation engineering are generally solved using the objective function of minimizing transport cost. Transport risk is a main concern in hazardous material transportation, mainly dependent on the vision of decision makers (national and/or local authorities). In this research work, a trade-off approach has been proposed to determine the safes...

In today’s fast marketing over the Internet or online, many retailers want to trade at the same time and change their marketing strategy to attract more customers. Some of the customers may decide to cancel their orders partially with a retailer due to various reasons such as increase in customer’s waiting time, loss of customer’s goodwill on retailer’s business, attractive promotional schemes ...

Demand considered in most of the classical inventory models is constant, while in most of the practical cases the demand changes with time. In this article, an inventory model is developed with time dependent two parameter weibull demand rate whose deterioration rate increases with time. Each cycle has shortages, which have been partially backlogged to suit present day competition in the market...