Abstract
The present paper tackles the Car Renter Salesman Problem (CaRS), which is a Traveling Salesman Problem variant. In CaRS, the goal is to travel through a set of cities using rented vehicles at minimum cost. The main aim of the current problem is to establish an optimal route using rented vehicles of different types to each trip. Since CaRS is N P-Hard, we herein present a heuristic approach to tackle it. The approach is based on a Multi-Start Iterated Local Search metaheuristic, where the local search step is based on the Random Variable Neighborhood Descent methodology. An Integer Linear Programming Formulation based on a Quadratic Formulation from literature is also proposed in the current study. Computational results for the proposed heuristic method in euclidean instances outperform current state-of-the-art results. The proposed formulation also has stronger bounds and relaxation when compared to others from literature.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
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.