2026-09-19T03:24:45Zhttps://dspace.mit.edu/server/oai/requestoai:dspace.mit.edu:1721.1/295302026-06-06T01:03:30Zcom_1721.1_7582com_1721.1_7581com_1721.1_101402col_1721.1_131023col_1721.1_101610
Christopher Caplice.
Zhelev, Georgi Zhelev, 1975-
Massachusetts Institute of Technology. Engineering Systems Division.
Massachusetts Institute of Technology. Engineering Systems Division
2005-11-03T16:53:07Z
2005-11-03T16:53:07Z
2004
http://hdl.handle.net/1721.1/29530
57350742
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
74 leaves
6585777 bytes
6593355 bytes
application/pdf
application/pdf
eng
Massachusetts Institute of Technology
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
Engineering Systems Division.
Flexibility in transportation procurement : a real options approach
Thesis
application/pdf
false
Publication
unknown
unknown
<Publication xmlns="https://www.openaire.eu/cerif-profile/1.1/" id="17f34d61-dca3-4d35-8713-dea9b54c0830">
<Type xmlns="https://www.openaire.eu/cerif-profile/vocab/COAR_Publication_Types">http://purl.org/coar/resource_type/c_1843</Type>
<Language>eng</Language>
<Title>Flexibility in transportation procurement : a real options approach</Title>
<PublishedIn>
<Publication>
</Publication>
</PublishedIn>
<PublicationDate>2004</PublicationDate>
<Authors>
<Author>
<DisplayName>Zhelev, Georgi Zhelev, 1975-</DisplayName>
<Affiliation>
<OrgUnit>
</OrgUnit>
</Affiliation>
</Author>
</Authors>
<Editors>
</Editors>
<Publishers>
<Publisher>
<DisplayName>Massachusetts Institute of Technology</DisplayName>
<OrgUnit />
</Publisher>
</Publishers>
<License>http://dspace.mit.edu/handle/1721.1/7582</License>
<Keyword>Engineering Systems Division.</Keyword>
<Abstract>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.</Abstract>
<Access xmlns="http://purl.org/coar/access_right"
>
</Access>
</Publication>