• DocumentCode
    508956
  • 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
  • Volume
    1
  • fYear
    2009
  • fDate
    12-14 Dec. 2009
  • Firstpage
    493
  • Lastpage
    496
  • 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;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Computational Intelligence and Design, 2009. ISCID '09. Second International Symposium on
  • Conference_Location
    Changsha
  • Print_ISBN
    978-0-7695-3865-5
  • Type

    conf

  • DOI
    10.1109/ISCID.2009.130
  • Filename
    5368757