Ferry service network design under demand uncertainty

Hong K. Lo, Kun An and Wei-hua Lin

Transportation Research Part E: Logistics and Transportation Review, 2013, vol. 59, issue C, 48-70

Abstract: This paper develops a formulation for ferry service network design with stochastic demand via the notion of service reliability (SR). The problem is formulated as a two-phase stochastic program in which the schedule of regular and ad hoc services are derived sequentially. An example is presented to illustrate the formulation. We then apply the proposed method to the case of ferry network design in Hong Kong. In terms of solution quality and computational efficiency, the SR-based approach shows promising results as compared with existing methods. Moreover, the approach leads to substantial cost savings as compared with deterministic methods under demand uncertainty.

Keywords: Service reliability; Transport network design; Stochastic demand (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (23)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1366554513001440
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:transe:v:59:y:2013:i:c:p:48-70

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/600244/bibliographic
http://www.elsevier. ... 600244/bibliographic

DOI: 10.1016/j.tre.2013.08.004

Access Statistics for this article

Transportation Research Part E: Logistics and Transportation Review is currently edited by W. Talley

More articles in Transportation Research Part E: Logistics and Transportation Review from Elsevier
Bibliographic data for series maintained by Catherine Liu ().