dc.contributor.author |
Cheng, Qifeng
|
|
dc.contributor.author |
Ning, Shiwei
|
|
dc.contributor.author |
Xia, Xiaohua
|
|
dc.contributor.author |
Yang, Fan
|
|
dc.date.accessioned |
2016-02-09T11:58:24Z |
|
dc.date.issued |
2016 |
|
dc.description.abstract |
In the paper, a typical coal trade process is described and modelled, where one logistics enterprise with blending equipments
lies in the core and two types of common contracts are elucidated to define constraints. A mixed-integer model is built and
featured by addressing contract violation, blending operation, real-time price information and arbitrarily distributed stochastic
demands. To deal with the stochastic demands, probabilistic constraints are formed. Accordingly, stochastic model predictive
control strategy with both receding horizon and decreasing horizon formulations is developed to handle the probabilistic
constraints and exploit the value of newest price information. By solving a series of mixed-integer linear programmes,
optimal coal trade decisions for the logistics enterprise can be obtained, including procurement decision, selling decision and
operational decision of the blending equipments. Thorough simulation experiments are carried out and compared with three
different strategies, which interpret the effectiveness of the proposed strategy. |
en_ZA |
dc.description.embargo |
2016-07-30 |
|
dc.description.librarian |
hb2015 |
en_ZA |
dc.description.sponsorship |
In part by the National Natural Science Foundation of China [61304090] and the Department of Education of Liaoning Province, China [L2013132]. |
en_ZA |
dc.description.uri |
http://www.tandfonline.com/loi/tprs20 |
en_ZA |
dc.identifier.citation |
Qifeng Cheng, Shiwei Ning, Xiaohua Xia & Fan Yang (2016) Modelling
of coal trade process for the logistics enterprise and its optimisation with stochastic
predictive control, International Journal of Production Research, 54:8, 2241-2259, DOI:
10.1080/00207543.2015.106256810.1080/00207543.2015.1062568. |
en_ZA |
dc.identifier.issn |
0020-7543 (print) |
|
dc.identifier.issn |
1366-588X (online) |
|
dc.identifier.other |
10.1080/00207543.2015.1062568 |
|
dc.identifier.uri |
http://hdl.handle.net/2263/51291 |
|
dc.language.iso |
en |
en_ZA |
dc.publisher |
Taylor and Francis |
en_ZA |
dc.rights |
© 2015 Taylor & Francis. This is an electronic version of an article published in International Journal of Production Research , vol. 54, no. 8, pp. 2241-2259, 2016. doi : International Journal of Production Research is available online at: http://www.tandfonline.comloi/tprs20. |
en_ZA |
dc.subject |
Coal trade decisions |
en_ZA |
dc.subject |
Stochastic demands |
en_ZA |
dc.subject |
Blending operation |
en_ZA |
dc.subject |
Stochastic model predictive control |
en_ZA |
dc.title |
Modelling of coal trade process for the logistics enterprise and its optimisation with stochastic predictive control |
en_ZA |
dc.type |
Postprint Article |
en_ZA |