What is it about?
Logistics is an important driver for every single economy. Our research shows that by using a software based loading decision firms can optimize the container capacity. This research simulated the container space for both 40' and 20' containers through a scientific approach and demonstrated that container space can be maximized in both the cases. Through this types innovative experimental approaches firms can minimize their cost while maximize their profits.
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Why is it important?
In this globalized world of business firms are constantly searching for ways to achieve competitive advantage. Our findings show that through an innovative internal core capability firms can create value for their customers and long term competitive advantage.
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This page is a summary of: Simulation based decision support system for optimization, Industrial Management & Data Systems, March 2016, Emerald,
DOI: 10.1108/imds-05-2015-0192.
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