Title :
Modeling Fleet Planning Strategy Based on Multimode Investment
Author :
Yang Qiuping ; Xie Xinlian ; Huo Weiwei
Author_Institution :
Transp. Manage. Coll., Dalian Maritime Univ., Dalian, China
Abstract :
After a survey of existing methods, a fleet planning mixed integer programming model based on multimode investment is developed in accordance with route and transport demand forecast under the fluctuant market environment. This optimization model not only considers investment alternatives to fleet capacity expansion concerning building new ships, purchase or sale of second-hand ships, charter ships, but also takes into account many factors such as the economic status of the ships, ship deployment, the investment capacity of enterprise, etc., as well as reflects how much weight the decision makers have given to physical value of the fleet at the end of the research horizon. Lastly, effectiveness of the proposed model was demonstrated using a shipping enterprise as an example. Results indicate that, the model well meets the practical needs of the fleet planning decision-making and ship operation organizations, thus it can be applied to the fleet planning study on industrial transport or liner trunk transport.
Keywords :
decision making; integer programming; investment; planning; economic status; fleet planning decision-making; fleet planning mixed integer programming model; industrial transport; investment capacity; liner trunk transport; multimode investment; route demand forecast; ship deployment; ship operation organizations; shipping enterprise; transport demand forecast; Demand forecasting; Economic forecasting; Environmental economics; Investments; Linear programming; Marine vehicles; Marketing and sales; Meeting planning; Predictive models; Strategic planning; fleet deployment; fleet planning; mixed integer programming; multimode investment;
Conference_Titel :
Computational Intelligence and Design, 2009. ISCID '09. Second International Symposium on
Conference_Location :
Changsha
Print_ISBN :
978-0-7695-3865-5
DOI :
10.1109/ISCID.2009.130