IDEAS home Printed from https://ideas.repec.org/a/bpj/jossai/v3y2015i1p77-85n8.html
   My bibliography  Save this article

Port Multi-Period Investment Optimization Model Based on Supply-Demand Matching

Author

Listed:
  • Zhao Guangtian

    (Faculty of Management and Economics, Dalian University of Technology, Dalian116024, China)

  • Wang Keyi

    (Faculty of Management and Economics, Dalian University of Technology, Dalian116024, China)

  • Yu Fangping

    (School of Transportation Management, Dalian Maritime University, Dalian116026, China)

  • Kuang Haibo

    (School of Transportation Management, Dalian Maritime University, Dalian116026, China)

Abstract

With China’s economic slowdown and port low-level repeated construction, China ports are facing the problem of overheated investment. In this paper, using the port supply-demand balance and comprehensive cost as the two main optimization goals, the ecological carrying capacity and the port profit-loss as the constraints, the port multi-period investment decision optimization model is built up by means of dynamic programming. Sustainable development ability about port supply-demand matching and ecological carrying capacity are considered into the decision-making model, which is used to solve the existing literature disadvantage of port investment planning decision based on operation efficiency and benefit. It helps to prevent the port resources waste and ecological environment destruction, and has the reality instruction significance.

Suggested Citation

  • Zhao Guangtian & Wang Keyi & Yu Fangping & Kuang Haibo, 2015. "Port Multi-Period Investment Optimization Model Based on Supply-Demand Matching," Journal of Systems Science and Information, De Gruyter, vol. 3(1), pages 77-85, February.
    • Handle: RePEc:bpj:jossai:v:3:y:2015:i:1:p:77-85:n:8
    DOI: 10.1515/JSSI-2015-0077
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/JSSI-2015-0077
    Download Restriction: no
    File URL: https://libkey.io/10.1515/JSSI-2015-0077?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Allahviranloo, Mahdieh & Afandizadeh, Shahriar, 2008. "Investment optimization on port's development by fuzzy integer programming," European Journal of Operational Research, Elsevier, vol. 186(1), pages 423-434, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Shiyuan Zheng & Rudy R. Negenborn, 2017. "Terminal investment timing decisions in a competitive setting with uncertainty using a real option approach," Maritime Policy & Management, Taylor & Francis Journals, vol. 44(3), pages 392-411, April.
    2. Zheng, Shiyuan & Wang, Kun & Li, Zhi-Chun & Fu, Xiaowen & Chan, Felix T.S., 2021. "Subsidy or minimum requirement? Regulation of port adaptation investment under disaster ambiguity," Transportation Research Part B: Methodological, Elsevier, vol. 150(C), pages 457-481.
    3. Dongxu Chen & Zhongzhen Yang, 2019. "Investment in container ports along the Maritime Silk Road in the context of international industry transfer: the case of the port of Colombo," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 21(2), pages 241-257, June.
    4. Guo, Liquan & Ng, Adolf K.Y. & Jiang, Changmin & Long, Jiancheng, 2021. "Stepwise capacity integration in port cluster under uncertainty and congestion," Transport Policy, Elsevier, vol. 112(C), pages 94-113.
    5. Zheng, Shiyuan & Negenborn, Rudy R., 2014. "Centralization or decentralization: A comparative analysis of port regulation modes," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 69(C), pages 21-40.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:jossai:v:3:y:2015:i:1:p:77-85:n:8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.