Question: 1. Explain why solving the empty container logistics problem contributes to cost savings for CSAV. 2. What are some of the qualitative benefits of the
2. What are some of the qualitative benefits of the optimization model for the empty container movements?
3. What are some of the key benefits of the forecasting model in the ECO system implemented by CSAV?
4. Perform an online search to determine how other shipping companies handle the empty container problem. Do you think the ECO system would directly benefit those companies?
5. Besides shipping logistics, can you think of any other domain where such a system would be useful in reducing cost?
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1 The container fleet of 700000 is valued at 2 billion second only to vessel fuel in terms of cost E... View full answer
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