• ISSN 0258-2724
  • CN 51-1277/U
  • EI Compendex
  • Scopus
  • Indexed by Core Journals of China, Chinese S&T Journal Citation Reports
  • Chinese S&T Journal Citation Reports
  • Chinese Science Citation Database
Volume 20 Issue 3
Jun.  2007
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Article Contents
LIN Chang, HUANG Qing, BU Xiangzhi. Revenue Optimization of Capacity Scheme and Allocation of Third Party Warehousing[J]. Journal of Southwest Jiaotong University, 2007, 20(3): 320-325.
Citation: LIN Chang, HUANG Qing, BU Xiangzhi. Revenue Optimization of Capacity Scheme and Allocation of Third Party Warehousing[J]. Journal of Southwest Jiaotong University, 2007, 20(3): 320-325.

Revenue Optimization of Capacity Scheme and Allocation of Third Party Warehousing

  • Received Date: 12 Jan 2007
  • Publish Date: 25 Jun 2007
  • Based on the principle of revenue management,capacity scheme and allocation under a stochastic market demand was investigated in order to maximize the revenue of third party warehousing.A stochastic model was established,and robust optimization was used to the stochastic variables so as to turn the stochastic problem into a linear programming one.In addition,the optimal capacity scheme and capacity allocation policy were determined on the basis of numerical examples.The numerical results show that with the help of the model,revenue increases by 2.66%.

     

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  • CHEN F Y,HUM S H,SUN J.Analysis of third party warehousing contracts with commitments[J].European Journal of Operation Research,2001,131(3):603-610.[2] MCGILL J I,RYZIN G J.Revenue management:research overview and prospects[J].Transportation Science,1999,33(2):233-256.[3] BOYD E A,BILEGAN I C.Revenue management and E-commerce[J].Management Science,2003,49(10):1 363-1 386.[4] ROUWENHORST B,REUTER B,STOCKRAHM V,et al.Warehouse design and control:framework and literature review[J].European Journal of Operational Research,2000,122(3):515-533.[5] Van den BERG J P,ZIJM W H M.Models for warehouse management:classification and examples[J].International Journal of Production Econonfies,1999,59(1-3):519-528.[6] KASILINGAM R G.Air cargo revenue management:characteristics and complexities[J].European Journal of Operation Research,1996,96(1):36-44.[7] MARAGOS S A.Yield management for the maritime industry[D].Massachusetts:Massachusetts Institute of Technology,1994.[8] 卜祥智,黄庆,武振业.集装箱物流收益管理的能力分配模型[J].西南交通大学学报,2005,40(1):94-98.BU Xiangzhi,HUANG Qing,WU Zhenye.Capacity allocation model for container logistics revenue management[J].Journal of Southwest Jiaotong University,2005,40(1):94-98.[9] 卜祥智,赵泉午,黄庆,等.考虑空箱调运的集装箱海运收益管理能力分配优化模型[J].中国管理科学,2005,13(1):71-75.BU Xiangzhi,ZHAO Quanwu,HUANG Qing,et al.Optimal capacity allocation model of ocean shipping container revenue management considering empty container transportation[J].Chinese Journal of Management Science,2005,13(1):71-75.[10] 卜祥智,赵辉,黄庆,等.基于收益管理的海运集装箱舱位分配随机模型[J].系统工程理论方法应用,2005,14(4):330-334.BU Xiangzhi,ZHAO Hui,HUANG Qing,et al.Study on the stochastic programming model of ocean shipping container slot allocation problem based on revenue management[J].System Engineering-Theory Methodology Application,2005,14(4):330-334.[11] LAI K K,NG W L.A stochastic approach to hotel revenue optimization[J].Computers and Operations Research,2005,32:1 059-1 072.[12] MULVEY J M,VANDERBEI R J,ZENIOS S A.Robust optimization of large-scale systems[J].Operations Research,1995,43(2):264-281.[13] YU C S,LI H L.A robust optimization model for stochastic logistics problem[J].International Journal of Production Economics,2000,64:385-397.
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