Proceedings of the International Conference on Industrial Engineering and Operations Management 2022
DOI: 10.46254/eu05.20220289
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Efficient Heuristic Methods for Minimizing the Cost of City Bus Operations of Indian Urban Road Transportation Organizations

Abstract: The statistics on financial performances of Indian-Urban Road Transportation Organizations (I-URTOs) indicate that almost every I-URTO is facing huge losses in operating city buses. Considering monetary loss and increased fuel cost, there is a need to address decision problem(s) to minimize the cost of city bus operations (CCBO) without increasing bus fares. These buses traverse many non-revenue generating distances. One such distance is the 'dead kilometers' (DK) which is the summation of the distance travers… Show more

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