Capacity adjustment decisions in the service industry under stochastic revenue: the case of the shipping industry

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Alizadeh-Masoodian, A.; Thanopoulou, H.; Strandenes, S.P.;
  • Subject: HD

The paper proposes a model of capacity adjustment in the competitive ocean shipping industry the case of which is almost unique as a flexible response to market signals under operational constraints. While the concept of capacity adjustment is related usually with long-... View more
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