Simulation-Based Approach to Operating Costs Analysis of Freight Trucking
The article is devoted to the problem of costs uncertainty in road freight transportation services. The article introduces the statistical approach, based on Monte Carlo simulation on spreadsheets, to the analysis of operating costs. The developed model gives an opportunity to estimate operating fre...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2015-12-01
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| Series: | Information Technology and Management Science |
| Subjects: | |
| Online Access: | http://www.degruyter.com/view/j/itms.2015.18.issue-1/itms-2015-0004/itms-2015-0004.xml?format=INT |