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OPTIMUM THROUGHPUT AND PERFORMANCE EVALUATION OF MARINE TERMINALS. IN: MARITIME TRANSPORT

Wayne K. Talley-2002-01-01
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TL;DRAbstract

This paper proposes an economic approach for determining the optimum throughput and evaluation of marine terminals in a competitive environment. The engineering approach for determining optimum terminal throughput is discussed along with theoretical and empirical engineering optimum throughputs. The economic approach is necessary in a deregulated (competitive) environment in which marine terminals have become diffused because the terminals need to concern themselves with whether they can satisfy economic efficiency objectives such as profit maximization or throughput maximization in evaluating their performance.

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This paper proposes an economic approach for determining the optimum throughput and evaluation of marine terminals in a competitive environment. The engineering approach for determining optimum terminal throughput is discussed along with theoretical and empirical engineering optimum throughputs. The economic approach is necessary in a deregulated (competitive) environment in which marine terminals have become diffused because the terminals need to concern themselves with whether they can satisfy economic efficiency objectives such as profit maximization or throughput maximization in evaluating their performance.

Keywords

ThroughputProfit maximizationMaximizationTerminal (telecommunication)Profit (economics)Computer scienceOperations researchEnvironmental economics

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