Explain how the market-based approach may be applied to address this issue. b) Explain how the operational approach may be applied to address this issue.
Port and Terminal Management Page 2 of 3 Pages
Attempt ALL FOUR (4) questions.
Question 1 Recent research has found that port waste is one of the top-ten environmental priorities in port and terminal management. a) Explain how the market-based approach may be applied to address this issue. b) Explain how the operational approach may be applied to address this issue. [5+5=10 marks]
Question 2 The following graph shows the seven (7) logistics activities of a port, including ‘Start’, A, B, C, D, E, and ‘Finish’. The arrows indicate the sequence of the logistics activities, and the numbers below the activity names indicate the durations of activities in hours.
a) Calculate the Early Start (ES), Early Finish (EF), Late Start (LS), and Late Finish (LF) of all activities.
b) Identify the critical path of the above logistics activities. What are the free float and total float of activities B, C and D. [5+5=10 marks]
Question 3 The following table shows data for the two inputs X1, X2 and output Y of six (6) ports, namely A, B, C, D, E and F.
Write the linear programming for Data Envelopment Analysis (DEA) to evaluate the efficiency of port B under the constant return to scale (CRS).
Note: You only need to write the equations for the linear programming problem. You do not need to use Excel to answer this question. [10 marks]
Question 4 Select a country of your choice. Explain the impact of the country’s port policy on the development of its port sector.