The Variance-Constrained Shortest Path Problem

Sivakumar, Raj A.; Batta, Rajan
November 1994
Transportation Science;Nov94, Vol. 28 Issue 4, p273
Academic Journal
This paper discusses the variance-constrained shortest path problem. This problem can be used to model any application in which the travel costs on a link are not deterministic, but follow a distribution that has possible correlation with travel cost on other links. Exact solution methods are proposed, and results are reported from computational experiments on data sets derived from a real-life routine scenario involving the transportation of liquefied-gas hazardous materials.


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