Simao, H. P., J. Day, A. George, T. Gifford, W. B. Powell, “An Approximate Dynamic Programming Algorithm for Large-Scale Fleet Management: A Case Application,” Transportation Science, published online doi 10.1287/trsc.1080.0238 (c) Informs
This is a major application paper, which summarizes several years of development to produce a model based on approximate dynamic programming which closely matches historical performance. The model represents drivers with 15 attributes, capturing domicile, equipment type, days from home, and all the rules (including the 70 hour in eight days rule) governing drivers. The model gets drivers home, on weekends, on a regular basis (again, closely matching historical performance). The value functions produced by the ADP algorithm are shown to accurately estimate the marginal value of drivers by domicile.
(click here to download paper) See also the companion paper below:
Simao, H. P. A. George, Warren B. Powell, T. Gifford, J. Nienow, J. Day, “Approximate Dynamic Programming Captures Fleet Operations for Schneider National,” Interfaces, Vol. 40, No. 5, pp. 342-352, 2010. (c) Informs
This paper is a lite version of the paper above, submitted for the Wagner competition. This paper does with pictures what the paper above does with equations.
This paper describes our experience implementing a real-time optimization model at Burlington Motor Carriers. Intended for a broad audience, it describes the basics of the model and some of tbe behind-the-scenes events that were encountered during implementation.
Powell, W.B., A. Marar, J. Gelfand, and S. Bowers, “Implementing Operational Planning Models: A Case Application from the Motor Carrier Industry,” Operations Research, Vol. 50, No. 4, (2002). (c) Informs
This paper summarizes our experience implementing a real-time load matching model at a large motor carrier. As part of the research, we compiled a roughly six month history of actual dispatch decisions, and then compared what actually happened to what our model would do. The company was liquidated about five years after the project was terminated. Makes you wonder what might have happened if they had used the systems more aggressively.
J.B. Braklow, W. Graham, K. Peck, S. Hassler, and W.B. Powell, “Interactive Optimization Improves Service and Performance for Yellow Freight System,” Interfaces, Vol. 22, No. 1, 1992, pp. 147-172. This paper was our entry for the 1991 Franz Edelman Competition, in which we were a finalist. (c) Informs
This was a finalist in the 1991 Franz Edelman competition, and for many years one of the most requested videotapes from the Edelman library. The paper documents a strategic planning system implemented at Yellow in the late 1980’s which is still in production at Yellow as of this writing (2005). The system uses interactive optimization techniques to build a service network that delivers packages both efficiently and with high service.
Powell, W.B., Y. Sheffi, K. Nickerson, K. Butterbaugh and S. Atherton, “Maximizing Profits for North American Van Lines’ Truckload Division: A New Framework for Pricing and Operations,” Interfaces, Vol. 18, No. 1, pp. 21-41 (1988). This paper was our entry for the 1987 Franz Edelman competition, in which we placed second. (c) Informs
“Finding the Yellow Brick Road” is a seven part series that is written in short-story format, that is intended to give the reader an idea of some of the issues that arise from a management perspective. The paper features an academic consulting (modeled after myself) and the president of a trucking firm, modeled after Don Mayoras (currently the president of two trucking firms). The sequence appeared as the following papers:
Powell, W.B. and D. Mayoras, “Finding the Yellow Brick Road: Part I, “Toto, I Have a Feeling We’re Not in Kansas Anymore!”, Interfaces, Vol. 26, No. 5, pp. 26-33 (1996). (c) Informs
Powell, W.B. and D. Mayoras, “Finding the Yellow Brick Road: Part II, “Lions and Tigers and Bears!”, Interfaces, Vol. 26, No. 6, pp. 57-67 (1996). (c) Informs
Powell, W.B. and D. Mayoras, “Finding the Yellow Brick Road: Part III, “The Wizard of Oz”, Interfaces, Vol. 27, No. 1, pp. 143-154 (1997). (c) Informs
Powell, W.B. and D. Mayoras, “Finding the Yellow Brick Road: Part IV, “I Wish I had a Brain”, Interfaces, Vol. 27, No. 2, pp. 37-47 (1997). (c) Informs
Powell, W.B. and D. Mayoras, “Finding the Yellow Brick Road: Part V: Through the Crystal Ball” Interfaces, Vol. 27, No. 3, pp. 14-21 (1997). (c) Informs
Powell, W.B. and D. Mayoras, “Finding the Yellow Brick Road: Part VI: Courage!” Interfaces, Vol. 27, No. 4, pp. 12-22 (1997). (c) Informs
Powell, W.B. and D. Mayoras, “Finding the Yellow Brick Road: Part VII: I Finally Have a Brain!,” Interfaces, Vol. 27, No. 5, pp. 9-14. (1997). (c) Informs