IDEAS home Printed from https://ideas.repec.org/h/spr/oprchp/978-3-642-20009-0_23.html
   My bibliography  Save this book chapter

A Revenue Management Slot Allocation Model with Prioritization for the Liner Shipping Industry

In: Operations Research Proceedings 2010

Author

Listed:
  • Sebastian Zurheide

    (Hamburg University of Technology)

  • Kathrin Fischer

    (Hamburg University of Technology)

Abstract

The main characteristics for the successful use of revenue management are present in the liner shipping industry. Hence, revenue management methods can be applied to obtain the best container acceptance strategy. The segmentation which is normally used is based on the different container types, routes and customers. The literature shows that reliability and delivery speed are important factors for customers, and that containers with different commodities often have different priority. Therefore, the optimization model which is developed in this work creates booking limits for standard segmentations and incorporates an additional segmentation approach. These new segments are express and standard containers: The express segment is intended for urgent cargo and gets priority on the next ship. A container in the standard segment only needs to be shipped until a fixed delivery date and can be postponed. This new segmentation approach generates advantages for both parties involved.

Suggested Citation

  • Sebastian Zurheide & Kathrin Fischer, 2011. "A Revenue Management Slot Allocation Model with Prioritization for the Liner Shipping Industry," Operations Research Proceedings, in: Bo Hu & Karl Morasch & Stefan Pickl & Markus Siegle (ed.), Operations Research Proceedings 2010, pages 143-148, Springer.
    • Handle: RePEc:spr:oprchp:978-3-642-20009-0_23
    DOI: 10.1007/978-3-642-20009-0_23
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Christensen, Jonas & Pacino, Dario, 2017. "A matheuristic for the Cargo Mix Problem with Block Stowage," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 97(C), pages 151-171.

    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:spr:oprchp:978-3-642-20009-0_23. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.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.