Computerized Costing Model for Inland Waterways Barge Transportation

Published Online:https://doi.org/10.1287/inte.8.4.31

Shippers and carriers are constantly in need of substantial amounts of transportation cost information: shippers are looking for the most economical means of moving freight; carriers need information to determine rates that attract or retain business.

The model presented in this paper calculates the costs associated with shipping by barge via the Inland Waterways System. It does so with great improvements in time, money and accuracy over a previously used manual method.

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