Commercial Vehicle Application of Dynamic Route Guidance 2000-01-C015

Once the infrastructure and in-vehicle systems can support dynamic route guidance, commercial vehicles may be among the early adopters. In order to estimate the value of an information system to the commercial vehicle operator, we consider the value of information in the context of a stochastic shortest path problem. In the presence of a dynamic route guidance system, there may be advantage to re-routing in-route based on real-time traffic information. After developing a mathematical model, we solve a numerical example in which dynamic route guidance produced a travel time savings of almost 11%.