For the sensitivity analysis, the purchasing price of a foldable container is assumed to be twice as much as that of a standard container. Four foldable containers take up as much space as a standard container when folded and packed together. The folding and unfolding costs are the same; they are assumed to be approximately 50USD per handling.
Currently, foldable containers with lower production costs have been designed in several studies. Moreover, when foldable containers can be produced on a large scale, their purchasing cost can fall. It is expected that foldable containers will be less expensive in the future. Third, an experiment has been conducted on the transportation cost.
Heuristic algorithms are proposed to solve the mathematical models. Numerical experiments are carried out in several scenarios to demonstrate the economic feasibility of foldable containers. The sensitivity analysis shows that the purchasing cost and the transportation cost affect the use of foldable containers.
From Table 5, it is evident that if the purchasing price of foldable containers decreases, the cost performance of foldable containers improves compared to standard containers. When the purchasing price decreases by 25% or more, using foldable containers becomes cheaper.
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Quick Guide to Use this Calculator Select your preferred currency. Enter the cost for each parameter such as Depth, Location, Method, Equipment, Labor, Material, and Other …
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