Risky traveling salesman problem

Risky traveling salesman problem

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Article ID: iaor20113906
Volume: 212
Issue: 1
Start Page Number: 69
End Page Number: 73
Publication Date: Jul 2011
Journal: European Journal of Operational Research
Authors: , , ,
Keywords: risk, vehicle routing & scheduling, quality & reliability
Abstract:

In this paper we introduce a methodology for optimizing the expected cost of routing a single vehicle which has a probability of breaking down or failing to complete some of its tasks. More specifically, a calculus is devised for finding the optimal order in which each site should be visited.

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