TY - GEN
T1 - Prediction of FTL Transport Cost Based on Historical Data and Multiple Linear Regression Model
AU - Galuszka, Adam
AU - Smieja, Jaroslaw
AU - Grzejszczak, Tomasz
AU - Wolak, Marcin
AU - Harasny, Marek
AU - Jedrasiak, Karol
AU - Zalwert, Maciej
AU - Probierz, Eryka
N1 - Publisher Copyright:
© 2023 ESM. All Rights Reserved.
PY - 2023
Y1 - 2023
N2 - There are many components involved in calculating transport costs for specific destinations in a transportation company. In this research the problem of price prediction in FTL transport, based on real data and linear regression mode is investigated. Four different cases and corresponding algorithms, depending on conditions imposed to locations of loading/unloading point, as well as on the detection of more expensive regions to serve are proposed. Statistical analysis of models trained on real data indicate very high accuracy of expected price predictions.
AB - There are many components involved in calculating transport costs for specific destinations in a transportation company. In this research the problem of price prediction in FTL transport, based on real data and linear regression mode is investigated. Four different cases and corresponding algorithms, depending on conditions imposed to locations of loading/unloading point, as well as on the detection of more expensive regions to serve are proposed. Statistical analysis of models trained on real data indicate very high accuracy of expected price predictions.
KW - Automated pricing module
KW - Linear Regression model
KW - Logistics
KW - Machine learning-supported simulation
KW - Real-data example
UR - https://www.scopus.com/pages/publications/85184348555
M3 - Conference contribution
AN - SCOPUS:85184348555
T3 - Modelling and Simulation 2023 - European Simulation and Modelling Conference 2023, ESM 2023
SP - 213
EP - 216
BT - Modelling and Simulation 2023 - European Simulation and Modelling Conference 2023, ESM 2023
A2 - Vingerhoeds, Rob
A2 - de Saqui-Sannes, Pierre
PB - EUROSIS
T2 - 37th Annual European Simulation and Modelling Conference, ESM 2023
Y2 - 24 October 2023 through 26 October 2023
ER -