Posted in Operations and Supply Chain Terms, Total Reads: 1129
Definition: Wadrops’ Principle
It is based on a user equilibrium where the situation of congestion is such that the transportation time cannot be lowered without collaborating with others . It states that the time used in travelling in used paths is equal to or lesser than those taken to travel in unused paths . It means it is better to divide the journey distance in two available paths to lower the transportation time .The ratio in which it is divided is calculated using integral calculus.