Optimal Fleet Composition via Dynamic Programming and Golden Section Search

In this paper, we consider an optimization problem arising in vehicle fleet management. The problem is to construct a heterogeneous vehicle fleet in such a way that cost is minimized subject to a constraint on the overall fleet size. The cost function incorporates fixed and variable costs associated...

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Bibliographic Details
Main Authors: Loxton, Ryan, Lin, Qun
Format: Journal Article
Published: American Institute of Mathematical Sciences 2011
Online Access:http://hdl.handle.net/20.500.11937/36447