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News & Media
28
Aug
Shipping Cost: Interaction of Number of Shipments and Locations
A transportation specialist needs to determine the best plan for shipping the customers’ orders on a daily basis. One important aspect of the decision is knowing the cost of each shipment, based on the their weight, origin-destination, transportation mode (TL, LTL, rail), etc..
Now let’s assume you, the transportation specialist, have 100 orders to ship to your customers and each order is destined for a different location. Also, suppose you follow a direct shipment policy. In other words, you don’t want the trucks to stop at multiple drop-off locations. So, there is one way to ship each of the orders. .
By knowing the reason behind these exponentially-growing computations, you can understand better why just more powerful computers are not enough and the use of optimization algorithms that can reduce the options logically and speed up the process, is inevitable.
2 Comments
Kevin Martin
“The success of this company is the people who work in it. From the top-down, everyone is committed to doing whatever is necessary to see the company thrive. The same positive attitude can be seen at the very top all the way to a new hire that’s been here a few months."
ReplySarah Albert
“There isn’t enough space to explain how much I love this place. I actually look forward to coming to work every day. I love the atmosphere and the people. I love making a difference with the customer and that they appreciate the help I give them.
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