The effect of multi-scenario policies on empty container repositioning
AbstractThis paper addresses a container maritime-repositioning problem where several parameters are uncertain and historical data are useless for decision-making processes. To address this problem, we propose a time-extended multi-scenario optimization model in which scenarios can be generated taking into account shipping company opinions. We then show that multi-scenario policies put shipping companies in the position of satisfying empty-container demands for different values that may be taken by uncertain parameters.
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Bibliographic InfoArticle provided by Elsevier in its journal Transportation Research Part E: Logistics and Transportation Review.
Volume (Year): 45 (2009)
Issue (Month): 5 (September)
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Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/600244/description#description
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- Long, Yin & Lee, Loo Hay & Chew, Ek Peng, 2012. "The sample average approximation method for empty container repositioning with uncertainties," European Journal of Operational Research, Elsevier, vol. 222(1), pages 65-75.
- Gaivoronski, Alexei & Sechi, Giovanni M. & Zuddas, Paola, 2012. "Cost/risk balanced management of scarce resources using stochastic programming," European Journal of Operational Research, Elsevier, vol. 216(1), pages 214-224.
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