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Pricing the Storage of Inbound Containers with a Discrete Probability Distribution of Retrieval Times
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 Title & Authors
Pricing the Storage of Inbound Containers with a Discrete Probability Distribution of Retrieval Times
Kim, Ki-Young; Kim, Kap-Hwan;
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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.
Container Terminal;Pricing;Space Allocation;Inbound Containers;
 Cited by
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