Optimization And Economic Efficiency Evaluation Of Manganese Nodule Carrier Using Genetic Algorithms

Since the Industrial Revolution, the land resources have been decreased rapidly as the industrialization. And this phenomenon brings to our mind an interest in deep-sea resource(manganese nodule). Hence, Korea has been participated in the development project of exploiting manganese nodule since 1983. Hwang and cho(1998) studied the economic efficiency evaluation of manganese nodule carrier. But they used the TAMU(Texas A&M University) model, and assumed deadweight and velocity of bulk-carrier. If we use some optimization technique, more economic manganese nodule carrier can be selected and evaluated without limited assumption. In this study, we evaluated the economic efficiency of manganese nodule carrier using genetic algorithms(GAs).