Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1023536 | Transportation Research Part E: Logistics and Transportation Review | 2013 | 18 Pages |
Strategies to reposition empty containers are an unabated issue for shipping companies. This study compares the repositioning costs of foldable containers to those of standard containers. Mathematical models are used to minimize the total relevant cost, which includes the folding/unfolding cost, the inventory storage cost, the container purchasing cost, and the repositioning cost. Heuristic algorithms are proposed to solve the mathematical models. Numerical experiments are carried out in several scenarios to demonstrate the economic feasibility of foldable containers. The sensitivity analysis shows that the purchasing cost and the transportation cost affect the use of foldable containers.
► Using foldable containers can reduce the repositioning cost and storage space. ► We compare empty container repositioning costs of foldable and standard containers. ► Three mathematical models are proposed for comparison. ► Purchasing and transportation costs play a key role for using foldable containers.