On mathematical model approach to competition dynamic of shipping companies in Surabaya

Windarto, Fatmawati, Nadiyah Nurlaily Nuzulia

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

1 Citation (Scopus)

Abstract

Indonesia has a vast sea area and consists of many islands, so shipping companies are very beneficial for Indonesia's people. This study aims to estimate parameters and analyze mathematical models of shipping company competition between three shipping companies in Surabaya. This model is a differential equation and uses the Lotka-Volterra mathematical model. In this study, the estimation of model parameters is done using the genetic algorithm method based 011 the number of container production transported by shipping companies. The mathematical model is then analyzed by finding the equilibrium point and checking its stability by substituting the parameter value from the estimation results. The results of this mathematical simulation model show that the three companies exist 111 the future, and competition between the three companies still occurs.

Original languageEnglish
Title of host publicationInternational Conference on Mathematics, Computational Sciences and Statistics 2020
EditorsCicik Alfiniyah, Fatmawati, Windarto
PublisherAmerican Institute of Physics Inc.
ISBN (Electronic)9780735440739
DOIs
Publication statusPublished - 26 Feb 2021
EventInternational Conference on Mathematics, Computational Sciences and Statistics 2020, ICoMCoS 2020 - Surabaya, Indonesia
Duration: 29 Sept 2020 → …

Publication series

NameAIP Conference Proceedings
Volume2329
ISSN (Print)0094-243X
ISSN (Electronic)1551-7616

Conference

ConferenceInternational Conference on Mathematics, Computational Sciences and Statistics 2020, ICoMCoS 2020
Country/TerritoryIndonesia
CitySurabaya
Period29/09/20 → …

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