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Yield Management by Reconstruction of Cargo Contribution for Container Shipping
Joint Authors
Lin, Yisong
Wang, Xuefeng
Jin, Jian Gang
Source
Mathematical Problems in Engineering
Issue
Vol. 2020, Issue 2020 (31 Dec. 2020), pp.1-12, 12 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2020-06-16
Country of Publication
Egypt
No. of Pages
12
Main Subjects
Abstract EN
This study provides a cargo contribution yield management model to solve the ship capacity control problem for the container liner shipping industry.
We propose a new objective to optimize cargo contribution to replace the focus on total revenue or average revenue in the current research.
We reflect the special characteristics of yield management in container liner shipping, and all cost items were identified and calculated to develop a new cargo contribution evaluating system.
We propose a mathematical model for service route segments’ allocation distribution based on cargo contribution.
We use a genetic algorithm to solve the model further with comparative analysis with actual practice.
The study cultivates new ground in the current literature with a wide range of innovative applications at a practical level.
American Psychological Association (APA)
Lin, Yisong& Wang, Xuefeng& Jin, Jian Gang. 2020. Yield Management by Reconstruction of Cargo Contribution for Container Shipping. Mathematical Problems in Engineering،Vol. 2020, no. 2020, pp.1-12.
https://search.emarefa.net/detail/BIM-1194478
Modern Language Association (MLA)
Lin, Yisong…[et al.]. Yield Management by Reconstruction of Cargo Contribution for Container Shipping. Mathematical Problems in Engineering No. 2020 (2020), pp.1-12.
https://search.emarefa.net/detail/BIM-1194478
American Medical Association (AMA)
Lin, Yisong& Wang, Xuefeng& Jin, Jian Gang. Yield Management by Reconstruction of Cargo Contribution for Container Shipping. Mathematical Problems in Engineering. 2020. Vol. 2020, no. 2020, pp.1-12.
https://search.emarefa.net/detail/BIM-1194478
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1194478