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Cost Optimization of a 3-index Maritime Container Transportation Problem using the Modified Han Algorithm

Author

Listed:
  • Carp Doina

    (Constanta Maritime University, Romania)

  • Popa Constantin

    (Ovidius University of Constanta, Romania,)

  • Serban Cristina

    (Ovidius University of Constanta, Romania,)

Abstract

The Modified Han (MH) algorithm aims at providing a cost optimized solution to real world maritime container transportation problems, which often are unbalanced and inconsistent. By modelling a 3-index container transportation problem as an inconsistent systems of linear inequalities, we apply the MH algorithm and get the transportation cost that is then compared with the one provided by the classical Simplex algorithm. The results show that the MH algorithm may have an effect on cost reduction for inconsistent container transportation problems and it can be a viable solution for solving them.

Suggested Citation

  • Carp Doina & Popa Constantin & Serban Cristina, 2014. "Cost Optimization of a 3-index Maritime Container Transportation Problem using the Modified Han Algorithm," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 268-273, May.
    • Handle: RePEc:ovi:oviste:v:xiv:y:2014:i:1:p:268-273
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    More about this item

    Keywords

    container transportation; cost optimization; Han-type algorithms;
    All these keywords.

    JEL classification:

    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis

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