Optimum Port Throughput Report as inadecuate

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This paper presents various measures of a port’s optimum throughput to which its actualthroughput can be compared in order to evaluate its performance. A port’s engineering optimumthroughput is its maximum (technically efficient) throughput that physically can be handled bythe port under certain conditions. A port’s economic optimum throughput is that throughput thatsatisfies an economic objective. It may be either an economic: (1) technically efficient optimumthroughput (based upon the port’s economic production function), (2) cost efficient optimumthroughput (based upon the port’s economic cost function) or (3) effectiveness optimumthroughput (based upon the port’s effectiveness operating objective such as maximizing profits).

Subject(s): Research and Development/Tech Change/Emerging Technologies

Research Methods/ Statistical Methods

Issue Date: 2006-03

Publication Type: Conference Paper/ Presentation

PURL Identifier: http://purl.umn.edu/208010

Total Pages: 11

Record appears in: Transportation Research Forum > 47th Annual Transportation Research Forum, New York, New York, March 23-25, 2006

Author: Talley, Wayne K.

Source: http://ageconsearch.umn.edu/record/208010?ln=en

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