Abstract
There has been a great deal of recent interest in considering different cost component and economic issues in transportation and routing models to achieve robust results. The major issues in economics of transportation and routing problems are monetary value, benefits, costs, inflation, depreciation, and different taxes. In this paper all usage cost components are considered in the proposed open vehicle routing problem with time windows (OVRPTW) model, monetary value of all costs and also age of vehicles and its influence on each cost component are analysed. Based on this research a more robust calculation of the model, both for owned and rented vehicles and the integration of both are obtained and also it is concluded the number of vehicles and travelled distance are not drastically affected by the age of vehicles. Moreover, the number of vehicles and routes are constructed based on optimal age of vehicles, full cost and monetary value.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: International Journal of Services and Operations Management
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
