Solutions that Approach the Proposal Generating Difficulty in Parallel Marketplaces for Delivering Material Concessions: A Case Study of Transportation Problems

  • Suresh Kumar Sahani et al.
Keywords: Transport procedures, contractor purchase, set protection, and algorithmic bidders

Abstract

Multicolor auctioned held by importers looking for arrangements for their logistics requirements are becoming more common for trucking businesses (the carriers). For operators participating in these sorts of sequential marketplaces, the bid appraisal and creation challenge is extremely challenging and requires calculation of several NP-hard separate issues. We look at cost-effective estimate techniques for predicting these quantities and creating bids in this research. By addressing a single NP-hard issue, because the approximated methodology gives shippers a means to determine their actual expenses and create maximum or nearly maximum offers. This indicates a considerable increase in processing efficiency. Employing a simulation-based study, we analyze our methodology simultaneously theoretically and experimentally.

Author Biography

Suresh Kumar Sahani et al.

Suresh Kumar Sahani1, Santosh Kumar Karna*2, and Binod Kumar Sah3
1Faculty of Science, Technology, and Engineering, Rajarshi Janak University, Janakpurdham, Nepal
sureshsahani@rju.edu.np
*2Department of Management, Rajarshi Janak University, Janakpurdham, Nepal
santoshkarna@rju.edu.np
3Department of Statistics, R.R.M.C., T.U., Nepal
sah.binod01@gmail.com

Published
2024-02-04
Section
Regular Issue