Introduction of any one operating parameter as a third dimension in the factor analysis of a transport system offers certain advantages. This approach is explored using a simplified design model to demonstrate how it facilities optimal ship choice. The results of varying operating conditions can be put into wider perspective by the use of isoquants and iso-costs for a range of operating conditions. Such families of curves indicate not only the variation of the optimum solution with operating parameter levels, but also indicate the penalties associated with a departure from the optimal configuration, thus offering a design guide. In general the aquisition of ships somewhat larger than optimum for the basic conditions is a sound policy under fluctuating operating conditions. The cost of under-utilized ship capacity is less than the cost of having too little cargo space to offer.

  • Corporate Authors:

    Royal Norwegian Council for Scientific & Indus Res

    Radhusgaten 8, Sentrum
    Oslo,   Norway 
  • Authors:
    • Sen, P
  • Publication Date: 1977

Media Info

  • Features: References;
  • Pagination: p. 34-39
  • Serial:

Subject/Index Terms

Filing Info

  • Accession Number: 00170523
  • Record Type: Publication
  • Source Agency: Norwegian Maritime Research
  • Files: TRIS
  • Created Date: Mar 7 1978 12:00AM