An optimization model for container inventory management

Mark Ching Pong Poo, Tsz Leung Yip

Research output: Journal article publicationJournal articleAcademic researchpeer-review

4 Citations (Scopus)

Abstract

The objective is to reduce the disequilibrium of laden and empty containers. This paper first provides a literature review with the emphasis on the shipping scheduling and modelling of ECR. Second, a network model has been designed to find the optimum size of ship servicing a particular region. A simply ECR policy is tested to demonstrate an essential impact on the profit of a container transport system. With the aid of this heuristic shipping model, ECR is integrated with the tramp ship routing problem under dynamic condition.
Original languageEnglish
Pages (from-to)1-21
Number of pages21
JournalAnnals of Operations Research
DOIs
Publication statusAccepted/In press - 15 Nov 2017

Keywords

  • Artificial bee colony algorithm
  • Container inventory management
  • Empty container repositioning

ASJC Scopus subject areas

  • Decision Sciences(all)
  • Management Science and Operations Research

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