{"title":"Integrated train timetable with supply–demand interactions at the Chinese high-speed railway","authors":"","doi":"10.1016/j.omega.2024.103185","DOIUrl":null,"url":null,"abstract":"<div><p>In traditional Chinese railway operations, train timetable and unit assignment are usually separated from pricing and seat allocation, resulting in a decrease in revenue and an increase in operating costs. In this paper, we study the integrated problem of train timetable, unit assignment, pricing, and seat allocation, where passenger choice behavior is modeled by the multinomial logit (MNL) model. This integration enables us to explicitly capture supply–demand interactions. The problem is formulated as a mixed integer nonlinear programming model with the objective of maximizing total profit. By converting the MNL model into its equivalent convex form, we recast the model as a tractable reformulation, allowing the use of a general-purpose solver to solve practical-sized instances. Based on real data from high-speed railway lines in China, three sets of case studies are conducted to validate the effectiveness and efficiency of the proposed approach.</p></div>","PeriodicalId":19529,"journal":{"name":"Omega-international Journal of Management Science","volume":null,"pages":null},"PeriodicalIF":6.7000,"publicationDate":"2024-09-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Omega-international Journal of Management Science","FirstCategoryId":"91","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0305048324001506","RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"MANAGEMENT","Score":null,"Total":0}
引用次数: 0
Abstract
In traditional Chinese railway operations, train timetable and unit assignment are usually separated from pricing and seat allocation, resulting in a decrease in revenue and an increase in operating costs. In this paper, we study the integrated problem of train timetable, unit assignment, pricing, and seat allocation, where passenger choice behavior is modeled by the multinomial logit (MNL) model. This integration enables us to explicitly capture supply–demand interactions. The problem is formulated as a mixed integer nonlinear programming model with the objective of maximizing total profit. By converting the MNL model into its equivalent convex form, we recast the model as a tractable reformulation, allowing the use of a general-purpose solver to solve practical-sized instances. Based on real data from high-speed railway lines in China, three sets of case studies are conducted to validate the effectiveness and efficiency of the proposed approach.
期刊介绍:
Omega reports on developments in management, including the latest research results and applications. Original contributions and review articles describe the state of the art in specific fields or functions of management, while there are shorter critical assessments of particular management techniques. Other features of the journal are the "Memoranda" section for short communications and "Feedback", a correspondence column. Omega is both stimulating reading and an important source for practising managers, specialists in management services, operational research workers and management scientists, management consultants, academics, students and research personnel throughout the world. The material published is of high quality and relevance, written in a manner which makes it accessible to all of this wide-ranging readership. Preference will be given to papers with implications to the practice of management. Submissions of purely theoretical papers are discouraged. The review of material for publication in the journal reflects this aim.