A risk-constrained time-dependent cash-in-transit routing problem in multigraph under uncertainty

The Cash-in-Transit (CIT) deals with the transportation of banknotes, coins, and other valuable items. Due to the high-value density of these products, incorporating security strategies in the carrier operations is crucial. This paper proposes new CIT models involving deterministic and stochastic time-varying traffic congestion. Since risk exposure of a vehicle is proportional to the time-dependent travel time, a new formula is introduced to...