Roll Number
154194001
Category
SW
Topics for PhD Qualifiers
Compulsory Subject: (i) Optimisation Techniques, (ii) Stochastic Models
Elective 1: Integer Programming
Elective 2: Network Flow Models
Elective 1: Integer Programming
Elective 2: Network Flow Models
Elective1
To be discussed with the supervisor
Elective2
To be Discussed with the supervisor
PhD. Supervisor (if decided)
Dr. Ashutosh Mahajan
Proposed Research Plan (if decided)
Proposed area of research: Routing of Parcel Tankers
OBJECTIVE:
The objective is to analyse the parcel tanker industry and to develop qualitative business models and quantitative approaches for the best tactical and operational route plans and fleet deployments together with order management so as to generate sustained profit.
PROBLEM DESCRIPTION:
The study will cover heterogeneous fleets that are deployed in both commercially advertised trade lanes as also as tramps. The problem is to generate plans that maximise profit when deploying such fleets of parcel tankers.
The inputs and study will include strategic plan (e.g. location of the operations, feasible commodity list, fleet size, alliances, etc.), the impacts of contracted and spot business, the nature of the contracts, OD demands (constrained or unconstrained) & freight charges by commodity type, competitor supply, OD travel time & ship operating costs, port & handling costs and delays, bunkering and fuel costs, chemical transportation constraints, regulations and risks.
The complexity of this problem is in both phases:
1) To create the optimal predictive and reactive plans in a combinatorial search space that is very large, non-linear (as profits are considered) and highly constrained. Additional complexities will arise when covering alliances of 3PLs if prevalent.
2) To build customised solution approaches, which can solve these complex models in a reasonable amount of time.
EXPECTED OUTCOMES:
1. Tactical planning models for fleet deployment.
2. Operational planning models for fleet deployment.
3. Models for order management.
4. Methods and techniques to solve some of the quantitative models.
OBJECTIVE:
The objective is to analyse the parcel tanker industry and to develop qualitative business models and quantitative approaches for the best tactical and operational route plans and fleet deployments together with order management so as to generate sustained profit.
PROBLEM DESCRIPTION:
The study will cover heterogeneous fleets that are deployed in both commercially advertised trade lanes as also as tramps. The problem is to generate plans that maximise profit when deploying such fleets of parcel tankers.
The inputs and study will include strategic plan (e.g. location of the operations, feasible commodity list, fleet size, alliances, etc.), the impacts of contracted and spot business, the nature of the contracts, OD demands (constrained or unconstrained) & freight charges by commodity type, competitor supply, OD travel time & ship operating costs, port & handling costs and delays, bunkering and fuel costs, chemical transportation constraints, regulations and risks.
The complexity of this problem is in both phases:
1) To create the optimal predictive and reactive plans in a combinatorial search space that is very large, non-linear (as profits are considered) and highly constrained. Additional complexities will arise when covering alliances of 3PLs if prevalent.
2) To build customised solution approaches, which can solve these complex models in a reasonable amount of time.
EXPECTED OUTCOMES:
1. Tactical planning models for fleet deployment.
2. Operational planning models for fleet deployment.
3. Models for order management.
4. Methods and techniques to solve some of the quantitative models.