Title | ||
---|---|---|
Two-Stage Stochastic Integer Programming Model for Multiperiod Sea Cargo Mix Problem in Container Shipping Industry |
Abstract | ||
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In this paper, we consider the cargo mix problem under uncertainty in the container shipping industry. We seek to determine the optimal cargo mix in a multiperiod planning horizon with the objective of maximizing the total expected profit derived from all freight bookings received in the planning horizon. We present a two-stage stochastic integer programming model and propose a heuristic algorithm for multiperiod sea cargo mix problem under uncertainty. Finally, numerical experiments on a wide range of randomly generated problem instances are conducted to demonstrate the efficiency of the algorithm. |
Year | DOI | Venue |
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2009 | 10.1109/TSMCA.2008.2010754 | Systems, Man and Cybernetics, Part A: Systems and Humans, IEEE Transactions |
Keywords | Field | DocType |
containerisation,freight containers,integer programming,logistics,planning,ships,stochastic programming,container shipping industry,freight booking,heuristic algorithm,multiperiod planning horizon,multiperiod sea cargo mix problem,optimal cargo mix,total expected profit maximization,two-stage stochastic integer programming model,Container shipping industry,heuristic algorithm (HA),sea cargo mix,two-stage stochastic integer program | Mathematical optimization,Job shop scheduling,Time horizon,Heuristic (computer science),Computer science,Operations research,Stochastic process,Capacity planning,Integer programming,Linear programming,Stochastic programming | Journal |
Volume | Issue | ISSN |
39 | 2 | 1083-4427 |
Citations | PageRank | References |
3 | 0.41 | 5 |
Authors | ||
4 |
Name | Order | Citations | PageRank |
---|---|---|---|
JAMES S. K. ANG | 1 | 150 | 12.04 |
Chengxuan Cao | 2 | 10 | 2.57 |
Mahmut Parlar | 3 | 3 | 0.41 |
Hengqing Ye | 4 | 100 | 12.30 |