Thesis (M. Eng. in Logistics)--Massachusetts Institute of Technology, Engineering Systems Division, 2004. / "June 2004." / Includes bibliographical references (leaves 53-54). / Shippers who use for-hire carriers need a careful estimation of their need for trucking capacity in order to be able to haul products in a timely and cost-effective manner. This thesis outlines a flexible approach to transportation procurement. According to the proposed method, a shipper makes a firm commitment to a carrier to use a guaranteed level of capacity and agrees to pay a penalty for any unutilized equipment. In exchange, the carrier provides the shipper with an option to fulfill the shipper's request for additional capacity above the guaranteed level and up to a predermined limit if needed. The analysis focuses on actual data from a shipper and explores a "what if' scenario--whether it would have been possible to achieve savings and generate value by having such a flexible contract. / by Georgi Zhelev Zhelev. / M.Eng.in Logistics
| Identifer | oai:union.ndltd.org:MIT/oai:dspace.mit.edu:1721.1/29530 |
| Date | January 2004 |
| Creators | Zhelev, Georgi Zhelev, 1975- |
| Contributors | Christopher Caplice., Massachusetts Institute of Technology. Engineering Systems Division., Massachusetts Institute of Technology. Engineering Systems Division. |
| Publisher | Massachusetts Institute of Technology |
| Source Sets | M.I.T. Theses and Dissertation |
| Language | English |
| Detected Language | English |
| Type | Thesis |
| Format | 74 leaves, 6585777 bytes, 6593355 bytes, application/pdf, application/pdf, application/pdf |
| Rights | M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission., http://dspace.mit.edu/handle/1721.1/7582 |
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