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A multiple ship routing and speed optimization problem under time, cost and environmental objectives

Wen, M and Pacino, D and Kontovas, CA and Psaraftis, HN (2017) A multiple ship routing and speed optimization problem under time, cost and environmental objectives. Transportation Research Part D: Transport and Environment, 52 (A). pp. 303-321. ISSN 1361-9209

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Abstract

The purpose of this paper is to investigate a multiple ship routing and speed optimization problem under time, cost and environmental objectives. A branch and price algorithm as well as a constraint programming model are developed that consider (a) fuel consumption as a function of payload, (b) fuel price as an explicit input, (c) freight rate as an input, and (d) in-transit cargo inventory costs. The alternative objective functions are minimum total trip duration, minimum total cost and minimum emissions. Computational experience with the algorithm is reported on a variety of scenarios. © 2017 Elsevier Ltd

Item Type: Article
Uncontrolled Keywords: 1205 Urban And Regional Planning, 1507 Transportation And Freight Services, 0502 Environmental Science And Management
Subjects: H Social Sciences > HF Commerce > HF5001 Business
H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HE Transportation and Communications
Divisions: Maritime and Mechanical Engineering
Publisher: Elsevier
Date Deposited: 04 May 2017 09:13
Last Modified: 04 May 2017 09:13
DOI or Identification number: 10.1016/j.trd.2017.03.009
URI: http://researchonline.ljmu.ac.uk/id/eprint/6321

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