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
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