HIERARCHICAL RESOURCE PLANNING FOR SHIPPING COMPANIES

Authors
Citation
R. Pesenti, HIERARCHICAL RESOURCE PLANNING FOR SHIPPING COMPANIES, European journal of operational research, 86(1), 1995, pp. 91-102
Citations number
11
Categorie Soggetti
Management,"Operatione Research & Management Science
ISSN journal
03772217
Volume
86
Issue
1
Year of publication
1995
Pages
91 - 102
Database
ISI
SICI code
0377-2217(1995)86:1<91:HRPFSC>2.0.ZU;2-2
Abstract
The problem of resource management for a merchant fleet is addressed. The problem solution involves decisions on the purchase and use of shi ps in order to satisfy customers' demands. In particular, shipping com panies employing their own ships are considered. These companies can m aximize their profits on a highly competitive quality-sensitive market by optimizing the purchase and use of their resources (ships), Decisi on makers must maximize company profits by acting on the number and ty pe of ships, shipping routes, type of service, and dates of sailing. A hierarchical model for the problem considered has been developed, and heuristic techniques which solve problems at different decision level s are described.