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Copyright © 2015 Xin-long Xu et al. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Abstract

To facilitate more convenient travel as the economy of Macau expands, the government of Macau has allowed shipping companies to add passenger ships and shipping lines. This paper demonstrates how shipping companies can reduce costs by optimizing passenger ships and crew size. It analyzes operating conditions for each shipping depot, including transit time, ships, and volume of passengers. A series of integer programming models is proposed. After a practical demonstration using Excel to solve the LP model, we show that the reduction in the number of passenger ships and crew size could reach 22.6% and 29.4%, respectively.

Details

Title
A Conceptual Model to Optimize Operating Cost of Passenger Ships in Macau
Author
Xin-long, Xu; Lai Leng Iao; Yin, Yanting; Chen, Silu; Chen, Yujie
Publication year
2015
Publication date
2015
Publisher
John Wiley & Sons, Inc.
ISSN
1024123X
e-ISSN
15635147
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
1713904133
Copyright
Copyright © 2015 Xin-long Xu et al. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.