Journal article
Rollout-based routing strategies with embedded prediction: A fish trawling application
Computers & operations research, Vol.150, p.106055
02/2023
DOI: 10.1016/j.cor.2022.106055
Abstract
In an effort to replenish stocks after years of overfishing, the European Union has been implementing policies to restrict the catch in all fisheries including in the Baltic Sea. These regulations incentivize fishermen to seek operational efficiency to counter lower catch limits. In this study, we address the fish trawling problem as a stochastic dynamic orienteering problem and propose rollout-based routing policies. Using a prescriptive analytic approach, we propose several prediction models and combine them with dynamic routing policies, the combination of which forms a prescriptive model. We evaluate and validate the effectiveness of these prescriptive models using a Baltic dataset on the fish species cod (Gadus). We propose a spatiotemporal cross-validation procedure to fairly assess different prescriptive models. Our findings show that reoptimization-based rollout strategies coupled with simple prediction methods such as nearest neighbors perform better than prescriptive models that use complex spatiotemporal smoothing techniques.
•The Baltic cod trawling is modeled as a Markov Decision process.•Spatiotemporal correlation forecasting is used to generate rollout policies.•Spatiotemporal cross validation blocking is applied to assess model results.
Details
- Title: Subtitle
- Rollout-based routing strategies with embedded prediction: A fish trawling application
- Creators
- Fahrettin Cakir - İstanbul Sabahattin Zaim ÜniversitesiBarrett W. Thomas - Department of Business Analytics, University of Iowa, United States of AmericaW. Nick Street - Department of Business Analytics, University of Iowa, United States of America
- Resource Type
- Journal article
- Publication Details
- Computers & operations research, Vol.150, p.106055
- Publisher
- Elsevier Ltd
- DOI
- 10.1016/j.cor.2022.106055
- ISSN
- 0305-0548
- eISSN
- 1873-765X
- Language
- English
- Date published
- 02/2023
- Academic Unit
- Bus Admin College; Nursing; Computer Science; Business Analytics
- Record Identifier
- 9984380502702771
Metrics
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