MODELLING THE EFFECTS OF TRAFFIC CONGESTION ON JIT. IN: TRANSPORT LOGISTICS

Abstract

The article's goal is to provide an analytical framework to examine the interrelationship between two rapidly growing phenomena in today's business scene: highway traffic congestion and just-in-time (JIT) manufacturing/inventory management. The article provides background material on traffic congestion, then presents a modelling framework that is employed to provide some theoretical results showing the decline in logistical performance from worsening congestion. A congestion example from the Chicago are is introduced, succeeded by a hypothetical numerical example computing the effects of heightened congestion.