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http://dx.doi.org/10.7232/iems.2010.9.2.165

Pricing the Storage of Inbound Containers with a Discrete Probability Distribution of Retrieval Times  

Kim, Ki-Young (Department of Systems and Management Engineering, Dongseo University)
Kim, Kap-Hwan (Department of Industrial Engineering, Pusan National University)
Publication Information
Industrial Engineering and Management Systems / v.9, no.2, 2010 , pp. 165-177 More about this Journal
Abstract
This paper discusses a method for pricing the storage of inbound containers in a container yard. The pricing structure is characterized by a free-time-limit and a storage price for the storage time that extends beyond the free-time-limit. A cost model is developed from the viewpoint of a public terminal operator as well as a private terminal operator. Unlike a previous study on this issue, this study assumes that the retrieval times follow a discrete probability distribution, which is more realistic than the previous study. A solution procedure is suggested and illustrated by using numerical examples.
Keywords
Container Terminal; Pricing; Space Allocation; Inbound Containers;
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