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  • 标题:The route choice of hazardous material transportation with value-at-risk model using chance measure in uncertain environments
  • 作者:Zhanzhong Wang ; Liying Zhao ; Ningbo Cao
  • 期刊名称:Advances in Mechanical Engineering
  • 印刷版ISSN:1687-8140
  • 电子版ISSN:1687-8140
  • 出版年度:2018
  • 卷号:10
  • 期号:2
  • DOI:10.1177/1687814017753801
  • 语种:English
  • 出版社:Sage Publications Ltd.
  • 摘要:This article combines a value-at-risk model with fuzzy theory and proposes a model using chance measure based on the value-at-risk model named chance-value-at-risk (ChVaR). The proposed model considers two measures, probability measure and credibility measure. The objective of this model is to determine the best route schedule that minimizes the risk at certain probability levels and credibility levels. For the proposed model, the correctness of its founding is proven. A detailed solution procedure is presented and tested to solve the ChVaR model. To verify the applicability of the model, two different scale cases are given: the first case indicates that the model can provide a satisfactory solution within a relatively small error range, and the second case routes the path of hazardous material transportation in Changchun, China. According to different probability levels and credibility levels, the ChVaR model provides different paths and multiple alternative choices for a decision maker. This point is important in practical scenarios.
  • 关键词:Hazardous material transportation; value-at-risk model; ChVaR model; two measures; best route schedule
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