Highlights Propose the concept of transit-time-sensitive demand. Containership schedule with transit-time-sensitive demand. Branch-and-bound based ε-optimal solution methodology.
Abstract This paper examines the optimal containership schedule with transit-time-sensitive demand that is assumed to be a decreasing continuous function of transit time. A mixed-integer nonlinear non-convex optimization model is first formulated to maximize the total profit of a ship route. In view of the problem structure, a branch-and-bound based holistic solution method is developed. It is rigorously demonstrated that this solution method can obtain an ε-optimal solution in a finite number of iterations for general forms of transit-time-sensitive demand. Computational results based on a trans-Pacific liner ship route demonstrate the applicability and efficiency of the solution method.
Containership scheduling with transit-time-sensitive container shipment demand
Transportation Research Part B: Methodological ; 54 ; 68-83
2013-04-12
16 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
Containership scheduling with transit-time-sensitive container shipment demand
Online Contents | 2013
|Container Special - Containerships -- Containership Evolution
Online Contents | 2006
Engineering Index Backfile | 1953
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