Journal of the military operations research society of Korea (한국국방경영분석학회지)
- Volume 12 Issue 1
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- Pages.78-86
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- 1986
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- 1229-9898(pISSN)
A Merchant Ships Size Optimization Model
Abstract
This paper analyzes how a shipowner or charterer may determine the specification of optimal ship size for a given route with respect to certain market requirements. The theory of optimal ship size, a methodology for estimating scale economics, and the various factors affecting ship size are examined using a typical conventional cargo ship and bulk cargo carriers based on shipowners' cost data.
Keywords