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Title: MODEL FOR MANAGEMENT OF EMPTY FREIGHT CARS
Accession Number: 00362124
Record Type: Component
Availability: Find a library where document is available Abstract: A model for the distribution of empty freight cars is presented. The perspective on empty-car distribution developed in this paper views the problem as a lack of coordination between decisions made centrally for the railroad as a whole and decisions made locally at individual terminals. Consequently, the model incorporates interacting submodels--the network model and the terminal model--that represent activities performed by these two levels in the railroad system. The objective of the network model is to maximize profits over the entire network, subject to the constraints imposed by empty-car supply and demand. The terminal model is an inventory-control model that incorporates stochastic demands and lead times for delivery of empty cars. Coordination between the two levels is achieved through internal transfer prices that reflect the opportunity costs of cars. The model can be used as a policy evaluation tool by railroad central management and an operational tool for the daily distribution of empty cars by terminal personnel. Tests of the model by using data from a cooperating railroad indicate that it leads to distribution decisions that reduce empty-car miles, empty trips, and empty-car days without reducing the percentage of demand satisfied. (Author)
Supplemental Notes: Publication of this paper sponsored by Committee on Railroad Operations Management. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved
Monograph Accession #: 01495117
Authors: Mendiratta, Veena BTurnquist, Mark AEditors: Herman, Scott CPagination: pp 50-55
Publication Date: 1982
Serial: Conference:
61st Annual Meeting of the Transportation Research Board
Location:
Washington District of Columbia, United States ISBN: 0309033152
Media Type: Print
Features: Figures
(2)
; References
(11)
TRT Terms: Subject Areas: Data and Information Technology; Economics; Finance; Freight Transportation; Highways; Railroads; Society; Terminals and Facilities
Files: TRIS, TRB
Created Date: Aug 30 1982 12:00AM
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