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A Conceptual Model to Optimize Operating Cost of Passenger Ships in Macau
Joint Authors
Xu, Xin-long
Iao, Lai Leng
Yin, Yanting
Chen, Silu
Chen, Yujie
Source
Mathematical Problems in Engineering
Issue
Vol. 2015, Issue 2015 (31 Dec. 2015), pp.1-7, 7 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2015-09-07
Country of Publication
Egypt
No. of Pages
7
Main Subjects
Abstract EN
To facilitate more convenient travel as the economy of Macau expands, the government of Macau has allowed shipping companies to add passenger ships and shipping lines.
This paper demonstrates how shipping companies can reduce costs by optimizing passenger ships and crew size.
It analyzes operating conditions for each shipping depot, including transit time, ships, and volume of passengers.
A series of integer programming models is proposed.
After a practical demonstration using Excel to solve the LP model, we show that the reduction in the number of passenger ships and crew size could reach 22.6% and 29.4%, respectively.
American Psychological Association (APA)
Xu, Xin-long& Iao, Lai Leng& Yin, Yanting& Chen, Silu& Chen, Yujie. 2015. A Conceptual Model to Optimize Operating Cost of Passenger Ships in Macau. Mathematical Problems in Engineering،Vol. 2015, no. 2015, pp.1-7.
https://search.emarefa.net/detail/BIM-1073920
Modern Language Association (MLA)
Xu, Xin-long…[et al.]. A Conceptual Model to Optimize Operating Cost of Passenger Ships in Macau. Mathematical Problems in Engineering No. 2015 (2015), pp.1-7.
https://search.emarefa.net/detail/BIM-1073920
American Medical Association (AMA)
Xu, Xin-long& Iao, Lai Leng& Yin, Yanting& Chen, Silu& Chen, Yujie. A Conceptual Model to Optimize Operating Cost of Passenger Ships in Macau. Mathematical Problems in Engineering. 2015. Vol. 2015, no. 2015, pp.1-7.
https://search.emarefa.net/detail/BIM-1073920
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1073920