System Dynamics Modeling for Determining Optimal Ship Sizes and Types in Coastal Liner Services

The problem of determining the required ship investment for deployment is an ongoing problem faced by governments and ship operators. The nature of ship investment is capital-intensive and the return on investment is often take long time. This paper attempts to establish system dynamics modeling (SD...

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Bibliographic Details
Main Authors: Sung-il Park, Ying Wang, Gi-tae Yeo, Adolf K.Y. Ng
Format: Article
Language:English
Published: Elsevier 2014-04-01
Series:Asian Journal of Shipping and Logistics
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2092521214000091