Finding the optimal fleet composition under uncertainties is crucial for the economic success of a business. This paper presents the Fleet Efficiency Factor, a decision support tool for fleet size and mix problems and fleet composition problems. The method is based on a particle swarm optimisation algorithm combined with a stochastic model to include uncertainties into the decision-making progress. This combination allows selecting the best option out of a pool of available vessels, vehicles and aircrafts. Additionally, the FEF is based on the classical ship merit factor and thus capable of comparing different fleet compositions according to their economic efficiency, by describing the efficiency in a simple factor. A case study for the supply of an offshore platform in the high North is conducted. The approach proved to be flexible and applicable to different strategical and tactical planning problems in maritime transportation.


    Access

    Download


    Export, share and cite



    Title :

    A Fleet Efficiency Factor for fleet size and mix problems using particle swarm optimisation



    Publication date :

    2019-05-04


    Remarks:

    2-s2.0-85058700873


    Type of media :

    Article (Journal)


    Type of material :

    Electronic Resource


    Language :

    English


    Classification :

    DDC:    629



    A Fleet Efficiency Factor for fleet size and mix problems using particle swarm optimisation

    Ehlers, Sören / Pache, Hannah / von Bock und Polach, Franz et al. | Taylor & Francis Verlag | 2019


    FLEET FAIRNESS AND FLEET EFFICIENCY IN CAPACITATED PICKUP AND DELIVERY PROBLEMS

    Aleksandrov, Martin Damyanov | British Library Conference Proceedings | 2021



    Factors affecting fleet efficiency

    Radford, G. | Engineering Index Backfile | 1947


    Fleet security and efficiency

    Moschetti, E. | Engineering Index Backfile | 1936