A multi-scenario model for empty container repositioning with uncertain demand
by Massimo Di Francesco; Michela Lai; Paola Zuddas
International Journal of Services and Operations Management (IJSOM), Vol. 19, No. 2, 2014

Abstract: This paper investigates the maritime repositioning of empty containers when their demand is uncertain. It involves moving empty containers from import-dominant ports to export-dominant ports in anticipation of future demands. In order to consider demand uncertainty, the problem is addressed by a stochastic programming approach, in which different scenarios are included in a multi-scenario optimisation model and explicitly linked by non-anticipativity conditions. Numerical experiments are carried out to show which benefits are obtained by multi-scenario solutions with respect to their deterministic counterparts, which consider only one point forecast for each uncertain parameter.

Online publication date: Fri, 31-Oct-2014

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