The fleet size and mix vehicle routing problem (Q1085780)

We address the problem of routing a fleet of vehicles from a central depot to customers with known demand. Routes originate and terminate at the central depot and obey vehicle capacity restrictions. Typically, researchers assume that all vehicles are identical. In this work, we relax the homogeneous fleet assumption. The objective is to determine optimal fleet size and mix by minimizing a total cost function which includes fixed cost and variable cost components. We describe several efficient heuristic solution procedures as well as techniques for generating a lower bound and an underestimate of the optimal solution. Finally, we present some encouraging computational results and suggestions for further study.