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Application of linear programming and optimisation software in an operations consultancy problem : a costs-minimising computerised optimisation model for empty container reposition...
Published 2012“…This paper considers the empty container repositioning problem in a multi-vessel, multi- port and multi-voyage shipping network with unbalanced customers’ demand and assumes that repositioning decisions are implemented in a rolling horizon manner. The objective is to minimise the expected total repositioning costs such as day-dependent transport cost, port handling cost (i.e. the costs of loading and unloading an empty container at a port), holding (i.e. storage) cost and lost-sale penalty cost. …”
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Final Year Project (FYP)