• DocumentCode
    1830757
  • Title

    Cargo mix and shipment planning problem with uncertainty

  • Author

    Cao, Chengxuan ; Ang, James S K ; Ye, Hengqing

  • Author_Institution
    Bus. Sch., Nat. Univ. of Singapore, Singapore
  • Volume
    1
  • fYear
    2005
  • fDate
    13-15 June 2005
  • Firstpage
    305
  • Abstract
    International ocean container shipping is a huge investment business and carriers expect more benefits from improving the operational level cargo mix and shipment planning. In this paper, we describe the characteristics of the cargo mix and shipment schedule problem with uncertainty in a multi-period planning horizon, and propose a two-stage stochastic mixed integer programming model for the problem. The objective of the model is maximizing the expected profit over the possible decisions under the uncertainty of shipping capacities. A heuristic algorithm is proposed to obtain an approximate optimal solution for the problem. Finally, we give numerical experiments to demonstrate the efficiency of the algorithm.
  • Keywords
    freight containers; goods distribution; integer programming; logistics; ships; stochastic programming; cargo mix; heuristic algorithm; logistics; shipment planning; stochastic mixed integer programming; uncertainty handling; Companies; Containers; Heuristic algorithms; Investments; Job shop scheduling; Linear programming; Marine vehicles; Oceans; Stochastic processes; Uncertainty;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Services Systems and Services Management, 2005. Proceedings of ICSSSM '05. 2005 International Conference on
  • Print_ISBN
    0-7803-8971-9
  • Type

    conf

  • DOI
    10.1109/ICSSSM.2005.1499483
  • Filename
    1499483