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Sensitivity Analysis of Performance Appraisal Index Parameters of Major Ports

M.K. Nagaraj, Subhash C. Yaragal, Sakethnath

Abstract


Infrastructure plays a very important role in the economic progress of the nation. 90% of the international cargo is transported by the ships. In this view, the performance of ports plays an important role. The performance of the port should be assured based on multiple parameters. Such a study helps not only in comparing different ports based on performance, but also helps in corrective measures, identifying weakness areas and strengthening of key parameters. In the present study, a performance appraisal index for major ports is evolved using different parameters, to compare the efficiency of major ports in India. Important parameters are selected from the statistics of major ports in India. Sensitivity analyses is also performed, to evolve strategies for productive decision making for better performance. Uncertainty analysis is also carried by using linear statistical model.

Keywords


Performance, Parameters, Performance appraisal index value, Scaling, Average turn round time, Traffic, Hinterland, Normalized appraisal index

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