Determining System Trailer Fleet Size and Terminal Assignment

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Please use this identifier to cite or link to this item: http://hdl.handle.net/1853/44490

Title: Determining System Trailer Fleet Size and Terminal Assignment
Author: Gurevich, Mark ; Lacayo, Leonardo ; Lynch, Courtney ; Pavia, Andres ; Reichsfeld, Jessica ; Schrichte, Matthew ; Yildirim, Baris ; Zheng, Zheng
Abstract: Saia, Inc. is a super-regional, less-than-truckload (LTL) company. The team developed an approach to optimize the composition of Saia's trailer fleet, and to assign the fleet to appropriate terminals throughout the network. The approach relies on a large-scale integer program that models the flow of trailers of different types over time using a week-long planning horizon across Saia's network of nearly 150 terminals. Using the model for a number of planning weeks, the approach is used to determine the right size and composition of the trailer fleet and provides a purchasing strategy given a capital budget for new trailers. It is estimated that Saia will save $1.8 million annually using the fleet proposed by the approach.
Description: Presented on May 2, 2012 from 5:45 PM – 8:00 PM in the Klaus Advanced Computing Building, room 1443 on the Georgia Tech campus. Best of Senior Design Spring 2012 Finalist Presentations. Runtime: 24:53 minutes
Type: Presentation
Video
URI: http://hdl.handle.net/1853/44490
Date: 2012-05-02
Contributor: Georgia Institute of Technology. School of Industrial and Systems Engineering
Publisher: Georgia Institute of Technology
Subject: Industrial engineering
Less-than-truckload
Logistics
Optimization
Trailer fleet
Trucking
Advisor: Erera, Alan

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