The Panama Canal Authority (ACP) employs a sophisticated simulation model that combines a scheduling algorithm together with simulation software to perform operational capacity analyses. The Panama Capacity Model (PCCM) allows the ACP to model the canal under different demand and configuration scenarios. Scenarios where the configuration of the Panama Canal is modified, typically examine the effects on capacity of navigational rule changes, infrastructure projects, and the optimization of operational processes.
Dredging Division in the Panama Canal has been benefiting from the use of the PCCM, as the model is being used to gauge the effect on capacity of dredging projects, and thus, estimate their economic feasibility. This information has been useful to prioritize projects, and program Dredging Division’s work schedule.