Airfreight forwarder's shipment planning under uncertainty : A two-stage stochastic programming approach
Research output: Journal Publications and Reviews › RGC 21 - Publication in refereed journal › peer-review
Author(s)
Related Research Unit(s)
Detail(s)
Original language | English |
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Pages (from-to) | 83-102 |
Journal / Publication | Transportation Research Part E: Logistics and Transportation Review |
Volume | 66 |
Online published | 19 Apr 2014 |
Publication status | Published - Jun 2014 |
Link(s)
Abstract
This paper addresses the shipment planning problem with random processing times in intermodal logistics via transfer ports. Shipment activities are divided into two groups according to regional settings. Activity processing times in region A are assumed to be random while those in region B are deterministic. At the beginning (stage 1), the forwarder assigns agents to all job activities (planning decision). In case a shipment delay is observed, an in-process adjustment (recourse decision) is implemented (stage 2). A two-stage stochastic programming model is established and an illustrative example is discussed. Managerial insights are presented in a simulation study. © 2014.
Research Area(s)
- Scenario generation, Shipment planning, Stochastic programming
Citation Format(s)
Airfreight forwarder's shipment planning under uncertainty: A two-stage stochastic programming approach. / Hui, Yer Van; Gao, Jia; Leung, Lawrence et al.
In: Transportation Research Part E: Logistics and Transportation Review, Vol. 66, 06.2014, p. 83-102.
In: Transportation Research Part E: Logistics and Transportation Review, Vol. 66, 06.2014, p. 83-102.
Research output: Journal Publications and Reviews › RGC 21 - Publication in refereed journal › peer-review