In this research, the main purpose is to formulate a model to determine the optimum investment on port development from national investment prospective; on the other hand, costs and benefits are calculated from consumer and investor’s viewpoint. The formulated model is an integer-programming model. The emphasis is on how to formulate an investment optimization problem where cargo operation, inv...

Analysis of requirements of physical realism and computational performance for mathematical models, used in liquid cargo handling simulators is presented. Depth of physical modelling, necessary to satisfy the requirements, is considered. Approaches to composition of mathematical models are outlined. Component-based approach with “RanD Model Designer” visual modelling software is described. Comp...

A double forecasting model based on conditional expectation is proposed through probability distribution of port cargo throughput. A compound variable, being composed of the number of cargo ships arriving at the port and the operating efficiency of handling equipment, is constructed. The port cargo throughput is the sum of all compound variables which indicated the cargo throughput each time wh...