scholarly journals Time Reliability of the Maritime Transportation Network for China’s Crude Oil Imports

2019 ◽  
Vol 12 (1) ◽  
pp. 198
Author(s):  
Shuang Wang ◽  
Jing Lu ◽  
Liping Jiang

To evaluate the transportation time reliability of the maritime transportation network for China’s crude oil imports under node capacity variations resulting from extreme events, a framework incorporating bi-level programming and a Monte Carlo simulation is proposed in this paper. Under this framework, the imported crude oil volume from each source country is considered to be a decision variable, and may change in correspondence to node capacity variations. The evaluation results illustrate that when strait or canal nodes were subject to capacity variations, the network transportation time reliability was relatively low. Conversely, the transportation time reliability was relatively high when port nodes were under capacity variations. In addition, the Taiwan Strait, the Strait of Hormuz, and the Strait of Malacca were identified as vulnerable nodes according to the transportation time reliability results. These results can assist government decision-makers and tanker company strategic planners to better plan crude oil import and transportation strategies.

2015 ◽  
Vol 52 (2) ◽  
pp. 135-150 ◽  
Author(s):  
Muhammad Mustafa Kamal ◽  
Ali Ziaee Bigdeli ◽  
Marinos Themistocleous ◽  
Vincenzo Morabito

Author(s):  
Paul W. Glimcher

In the early twentieth century, neoclassical economic theorists began to explore mathematical models of maximization. The theories of human behavior that they produced explored how optimal human agents, who were subject to no internal computational resource constraints of any kind, should make choices. During the second half of the twentieth century, empirical work laid bare the limitations of this approach. Human decision makers were often observed to fail to achieve maximization in domains ranging from health to happiness to wealth. Psychologists responded to these failures by largely abandoning holistic theory in favor of large-scale multi-parameter models that retained many of the key features of the earlier models. Over the last two decades, scholars combining neurobiology, psychology, economics, and evolutionary approaches have begun to examine alternative theoretical approaches. Their data suggest explanations for some of the failures of neoclassical approaches and revealed new theoretical avenues for exploration. While neurobiologists have largely validated the economic and psychological assumption that decision makers compute and represent a single-decision variable for every option considered during choice, their data also make clear that the human brain faces severe computational resource constraints which force it to rely on very specific modular approaches to the processes of valuation and choice.


2020 ◽  
Vol 6 ◽  
pp. 518-529
Author(s):  
Yijie Fei ◽  
Jihong Chen ◽  
Zheng Wan ◽  
Yaqing Shu ◽  
Lang Xu ◽  
...  

2020 ◽  
Vol 88 ◽  
pp. 102587
Author(s):  
Suzanne Greene ◽  
Haiying Jia ◽  
Gabriela Rubio-Domingo

2019 ◽  
Vol 25 ◽  
pp. 47-55 ◽  
Author(s):  
Jihong Chen ◽  
Kai Xue ◽  
Li Song ◽  
Jack Xunjie Luo ◽  
Ye Mei ◽  
...  

1983 ◽  
Vol 40 (5) ◽  
pp. 580-587 ◽  
Author(s):  
K. D. Walker ◽  
R. B. Rettig ◽  
R. Hilborn

Our objective was to determine whether formal decision analysis could assist fishery managers in Oregon to evaluate alternative strategies with respect to allocation and production of wild and hatchery coho salmon. The method chosen given multiple objectives and uncertainty is multiattribute utility analysis. The analytical model consists of two main components: (1) a computer model that simulates the life cycle of hatchery and stream spawning coho salmon given environmental variation, different hatchery juvenile release levels, and harvest rates and (2) an objective function that evaluates the aggregate levels of catch and escapement resulting from alternative release levels and harvest rates. The approach was used to rank the expected outcomes from 12 proposed policies. We concluded that (1) the most effective policy is achieved with a relatively low harvest rate and high smolt release level, (2) selection of a particular harvest rate is the most important decision variable, and (3) a large smolt release level can be maintained unless such releases adversely decrease the ocean survival of stream spawning coho. If the agency is to be significantly helped, the analysis must be expanded to involve a larger number of decision makers, incorporate additional objectives such as catch variability, and include a finer level of detail in the simulation model.


Author(s):  
Katalin Gombos ◽  
Róbert Herczeg ◽  
Bálint Erőss ◽  
Sándor Zsolt Kovács ◽  
Annamária Uzzoli ◽  
...  

Author(s):  
Qiang Meng ◽  
Shuaian Wang ◽  
Zhiyuan Liu

A model was developed for network design of a shipping service for large-scale intermodal liners that captured essential practical issues, including consistency with current services, slot purchasing, inland and maritime transportation, multiple-type containers, and origin-to-destination transit time. The model used a liner shipping hub-and-spoke network to facilitate laden container routing from one port to another. Laden container routing in the inland transportation network was combined with the maritime network by defining a set of candidate export and import ports. Empty container flow is described on the basis of path flow and leg flow in the inland and maritime networks, respectively. The problem of network design for shipping service of an intermodal liner was formulated as a mixed-integer linear programming model. The proposed model was used to design the shipping services for a global liner shipping company.


1994 ◽  
Vol 39 (3) ◽  
pp. 335-360 ◽  
Author(s):  
David Montgomery

SummaryThis essay examines the relationship between popular initiatives and government decision-makers during the 1930s. The economic crisis and the reawakening of labor militancy before 1935 elevated men and women, who had been formed by the workers' movement of the 1910s and 1920s, to prominent roles in the making of national industrial policies. Quite different was the reshaping of social insurance and work relief measures. Although those policies represented a governmental response to the distress and protests of the working class, the workers themselves had little influence on their formulation or administration. Through industrial struggles, the Committee for Industrial Organization (CIO) mobilized a new cadre, trained by youthful encounters with urban ethnic life, expanding secondary schooling and subordination to modern corporate management, in an unsuccessful quest for economic planning and universal social insurance through the agency of a reformed Democratic Party.


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