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Port Multi-Period Investment Optimization Model Based on Supply-Demand Matching

Author

Listed:
  • Zhao Guangtian
  • Wang Keyi

    (Faculty of Management and Economics, Dalian University of Technology, Dalian116024, China)

  • Yu Fangping
  • Kuang Haibo

    (School of Transportation Management, Dalian Maritime University, Dalian116026, China)

Abstract

With China’s economic slowdown and port low-level repeated construction, China ports are facing the problem of overheated investment. In this paper, using the port supply-demand balance and comprehensive cost as the two main optimization goals, the ecological carrying capacity and the port profit-loss as the constraints, the port multi-period investment decision optimization model is built up by means of dynamic programming. Sustainable development ability about port supply-demand matching and ecological carrying capacity are considered into the decision-making model, which is used to solve the existing literature disadvantage of port investment planning decision based on operation efficiency and benefit. It helps to prevent the port resources waste and ecological environment destruction, and has the reality instruction significance.

Suggested Citation

  • Zhao Guangtian & Wang Keyi & Yu Fangping & Kuang Haibo, 2015. "Port Multi-Period Investment Optimization Model Based on Supply-Demand Matching," Journal of Systems Science and Information, De Gruyter, vol. 3(1), pages 77-85, February.
    • Handle: RePEc:bpj:jossai:v:3:y:2015:i:1:p:77-85:n:8
    DOI: 10.1515/JSSI-2015-0077
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    References listed on IDEAS

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    1. Allahviranloo, Mahdieh & Afandizadeh, Shahriar, 2008. "Investment optimization on port's development by fuzzy integer programming," European Journal of Operational Research, Elsevier, vol. 186(1), pages 423-434, April.
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