A polynomial-time algorithm for sailing speed optimization with containership resource sharing

•We formulate the containership sailing speed optimization problem as a mathematical programming model from the perspective of shipping lines.•We develop a polynomial-time algorithm to solve the problem based on bi-section search methods.•We test our algorithm with numerical experiments. The sailing...

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Bibliographic Details
Published in:	Transportation research. Part B: methodological Vol. 93; pp. 394 - 405
Main Authors:	Wang, Shuaian, Wang, Xinchang
Format:	Journal Article
Language:	English
Published:	Oxford Elsevier Ltd 01.11.2016 Elsevier Science Ltd
Subjects:	Algorithms Bi-section search Bunker fuel Cargo ships Consumer goods Consumption Container ships Containership Customers Fuel consumption Fuels Mathematical models Optimization Polynomial-time algorithm Polynomials Sailing Sailing speed Shipping Ships Supply chain management Supply chains Transit time Transportation Velocity Polynomial-time algorithm Sailing speed Bunker fuel Transit time Containership Bi-section search
ISSN:	0191-2615, 1879-2367
Online Access:	Get full text
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