Cargo mix and shipment planning problem with uncertainty

Chengxuan Cao; James S K Ang; Hengqing Ye

doi:10.1109/ICSSSM.2005.1499483

Cargo mix and shipment planning problem with uncertainty

Chengxuan Cao, James S K Ang, Hengqing Ye

Research output: Chapter in book / Conference proceeding › Conference article published in proceeding or book › Academic research › peer-review

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.

Original language	English
Title of host publication	2005 International Conference on Services Systems and Services Management, Proceedings of ICSSSM'05
Pages	305-310
Number of pages	6
Volume	1
DOIs	https://doi.org/10.1109/ICSSSM.2005.1499483
Publication status	Published - 1 Dec 2005
Externally published	Yes
Event	2005 International Conference on Services Systems and Services Management, ICSSSM'05 - Chongquing, China Duration: 13 Jun 2005 → 15 Jun 2005

Conference

Conference	2005 International Conference on Services Systems and Services Management, ICSSSM'05
Country/Territory	China
City	Chongquing
Period	13/06/05 → 15/06/05

Keywords

Cargo mix
Heuristic algorithm
Logistics
Stochastic mixed integer programming

ASJC Scopus subject areas

Engineering(all)

More information

10.1109/ICSSSM.2005.1499483

Cite this

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Cao, C, Ang, JSK & Ye, H 2005, Cargo mix and shipment planning problem with uncertainty. in 2005 International Conference on Services Systems and Services Management, Proceedings of ICSSSM'05. vol. 1, 1499483, pp. 305-310, 2005 International Conference on Services Systems and Services Management, ICSSSM'05, Chongquing, China, 13/06/05. https://doi.org/10.1109/ICSSSM.2005.1499483

Cargo mix and shipment planning problem with uncertainty. / Cao, Chengxuan; Ang, James S K; Ye, Hengqing.

2005 International Conference on Services Systems and Services Management, Proceedings of ICSSSM'05. Vol. 1 2005. p. 305-310 1499483.

Research output: Chapter in book / Conference proceeding › Conference article published in proceeding or book › Academic research › peer-review

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Cargo mix and shipment planning problem with uncertainty

Abstract

Conference

Keywords

ASJC Scopus subject areas

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