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Optimum Port Throughput

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  • Talley, Wayne K.

Abstract

This paper presents various measures of a port’s optimum throughput to which its actual throughput can be compared in order to evaluate its performance. A port’s engineering optimum throughput is its maximum (technically efficient) throughput that physically can be handled by the port under certain conditions. A port’s economic optimum throughput is that throughput that satisfies an economic objective. It may be either an economic: (1) technically efficient optimum throughput (based upon the port’s economic production function), (2) cost efficient optimum throughput (based upon the port’s economic cost function) or (3) effectiveness optimum throughput (based upon the port’s effectiveness operating objective such as maximizing profits).

Suggested Citation

  • Talley, Wayne K., 2006. "Optimum Port Throughput," 47th Annual Transportation Research Forum, New York, New York, March 23-25, 2006 208010, Transportation Research Forum.
    • Handle: RePEc:ags:ndtr06:208010
    DOI: 10.22004/ag.econ.208010
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    References listed on IDEAS

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