This paper presents a decision support methodology for strategic planning in tramp and industrial shipping. The proposed methodology combines simulation and optimization, where a Monte Carlo simulation framework is built around an optimization-based decision support system for short-term routing...

Sports betting markets have attracted a fair amount of research over the years. For association football, most of this research has focused on predicting the outcome of single matches and hence on the evaluating the efficiency of the match results betting markets. This paper presents a study on...

This paper presents a literature survey on the fleet size and mix problem in maritime transportation. Fluctuations in the shipping market and frequent mismatches between fleet capacities and demands highlight the relevance of the problem and call for more accurate decision support. After...

This paper presents a three-stage mixed-integer stochastic programming model for disaster response planning, considering the opening of local distribution facilities, initial allocation of supplies, and last mile distribution of aid. The vehicles available for transportation, the state of the...

Shipping companies repeatedly face the problem of adjusting their vessel fleet to meet uncertain future transportation demands and compensating for aging vessels. In this paper, a new multi-stage stochastic programming formulation for strategic fleet renewal in shipping is proposed. The new...

Sports betting markets are becoming increasingly competitive. These markets are of interest when testing new ideas for quantitative prediction models. This paper examines the value of assigning ratings to teams based on their past performance in order to predict match results in association...