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Full-Text Articles in Operations Research, Systems Engineering and Industrial Engineering
Efficient Gate System Operations For A Multipurpose Port Using Simulation Optimization, Ketki Kulkarni, Trong Khiem Tran, Hai Wang, Hoong Chuin Lau
Efficient Gate System Operations For A Multipurpose Port Using Simulation Optimization, Ketki Kulkarni, Trong Khiem Tran, Hai Wang, Hoong Chuin Lau
Research Collection School Of Computing and Information Systems
Port capacity is determined by three major infrastructural resources namely, berths, yards and gates. Theadvertised capacity is constrained by the least of the capacities of the three resources. While a lot ofattention has been paid to optimizing berth and yard capacities, not much attention has been given toanalyzing the gate capacity. The gates are a key node between the land-side and sea-side operations in anocean-to-cities value chain. The gate system under consideration, located at an important port in an Asiancity, is a multi-class parallel queuing system with non-homogeneous Poisson arrivals. It is hard to obtaina closed form analytic approach for …
Event Study Method For Validating Agent-Based Trading Simulations, Shih-Fen Cheng
Event Study Method For Validating Agent-Based Trading Simulations, Shih-Fen Cheng
Research Collection School Of Computing and Information Systems
In this paper, we introduce how one can validate an event-centric trading simulation platform that is built with multi-agent technology. The issue of validation is extremely important for agent-based simulations, but unfortunately, so far there is no one universal method that would work in all domains. The primary contribution of this paper is a novel combination of event-centric simulation design and event study approach for market dynamics generation and validation. In our event-centric design, the simulation is progressed by announcing news events that affect market prices. Upon receiving these events, event-aware software agents would adjust their views on the market …
A Service Choice Model For Optimizing Taxi Service Delivery, Shih-Fen Cheng, Xin Qu
A Service Choice Model For Optimizing Taxi Service Delivery, Shih-Fen Cheng, Xin Qu
Research Collection School Of Computing and Information Systems
Taxi service has undergone radical revamp in recent years. In particular, significant investments in communication system and GPS devices have improved quality of taxi services through better dispatches. In this paper, we propose to leverage on such infrastructure and build a service choice model that helps individual drivers in deciding whether to serve a specific taxi stand or not. We demonstrate the value of our model by applying it to a real-world scenario. We also highlight interesting new potential approaches that could significantly improve the quality of taxi services.