Optimisation of shuttle speed

Instead of optimising the ROI, the shuttle speed can also be optimised. In this case we still optimise the investment but add the shuttle speed to the endogenous variables for both models.

The results of both simulations are given in Table 16.4. [O c_mco-5.xls, c_mco-6.xls]

The results show that optimising the shuttle speed does not yield any important new insights. Furthermore running this simulation with different initial values for the endogenous variables yields different shuttle speeds with

Table 16.4 Results aimed at minimising the investment; shuttle speed added to the endogenous variables

Pilot run

I

t

D

f

v

[$ billion]

[hours]

[km]

[100 k]

[km/h]

National airport in North Sea

20.6

0.472 (0.650)

35.0

10.00

204

European airport in North Sea

36.6

1.05 (0.850)

55.0

30.00

171

Numbers in italic represent optimised values.

When there is a slack, the values in the optimum solution are given between brackets.

every run because of the fact that it is merely a local optimum.

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