Optimization of sea empty container reposition based on inventory control strategy

Yan Zhang
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Yan Zhang: Shanghai Maritime University

A chapter in Proceedings of the 9th International Conference on Financial Innovation and Economic Development (ICFIED 2024), 2024, pp 359-365 from Springer

Abstract: Abstract In response to the problem of sea empty container transportation under random conditions, a comprehensive consideration is given to the conversion problem between short-term container rental and heavy empty containers. Through inventory control strategies, the inventory of empty containers at the port is optimized, and an optimization model for empty container transportation is established. The total cost obtained under inventory control strategy is lower than the total cost of empty container transportation without inventory control strategy. At the same time, adopting inventory control strategy can effectively improve the utilization rate of empty containers.

Keywords: empty container; inventory control; optimization model (search for similar items in EconPapers)
Date: 2024
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DOI: 10.2991/978-94-6463-408-2_41

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