Management Faculty Publications
Document Type
Article
Abstract
As growth in international trade slowed down in the recent years, inter-modal traffic volume declined and subsequently led to reduction in demand for container services. The reduced demand in container services and the ongoing glut of container port facilities throughout the world have sparked fierce competition among international container terminals. In an effort to help the port authorities to develop a winning strategy in the increasingly competitive container market, this paper develops a meaningful set of benchmarks that will set the standard for best practices. In particular, we propose a hybrid Data Envelopment Analysis (DEA)/simulation model that is designed to evaluate the relative efficiency of container terminal operations. To illustrate the usefulness of the proposed hybrid DEA/simulation model, we used the real examples of major container terminals in South Korea.
Copyright Statement
Publisher PDF
Repository Citation
Min, Hokey and Park, Byung-In, "Hybrid Data Envelopment Analysis and simulation methodology for measuring capacity utilisation and throughput efficiency of container terminals" (2008). Management Faculty Publications. 3.
https://scholarworks.bgsu.edu/management_pub/3
Publication Date
2008
Publication Title
International Journal of Logistics Systems and Management
Start Page No.
650
End Page No.
672
Included in
International Business Commons, Management Information Systems Commons, Management Sciences and Quantitative Methods Commons