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The effect of spatial and temporal flexibility on the profitability of one-way electric carsharing systems

Research output: Contribution to conference - Without ISBN/ISSN Abstractpeer-review

Published

Standard

The effect of spatial and temporal flexibility on the profitability of one-way electric carsharing systems. / Boyacı, Burak; Zografos, Konstantinos.
2019. Abstract from VeRoLog 2019 - Annual Workshop of the EURO Working Group on Vehicle Routing and Logistics Optimization, Seville, Spain.

Research output: Contribution to conference - Without ISBN/ISSN Abstractpeer-review

Harvard

Boyacı, B & Zografos, K 2019, 'The effect of spatial and temporal flexibility on the profitability of one-way electric carsharing systems', VeRoLog 2019 - Annual Workshop of the EURO Working Group on Vehicle Routing and Logistics Optimization, Seville, Spain, 2/06/19 - 5/06/19.

APA

Boyacı, B., & Zografos, K. (2019). The effect of spatial and temporal flexibility on the profitability of one-way electric carsharing systems. Abstract from VeRoLog 2019 - Annual Workshop of the EURO Working Group on Vehicle Routing and Logistics Optimization, Seville, Spain.

Vancouver

Boyacı B, Zografos K. The effect of spatial and temporal flexibility on the profitability of one-way electric carsharing systems. 2019. Abstract from VeRoLog 2019 - Annual Workshop of the EURO Working Group on Vehicle Routing and Logistics Optimization, Seville, Spain.

Author

Boyacı, Burak ; Zografos, Konstantinos. / The effect of spatial and temporal flexibility on the profitability of one-way electric carsharing systems. Abstract from VeRoLog 2019 - Annual Workshop of the EURO Working Group on Vehicle Routing and Logistics Optimization, Seville, Spain.

Bibtex

@conference{de1da535446b4a7d95edacfdcca9eb9a,
title = "The effect of spatial and temporal flexibility on the profitability of one-way electric carsharing systems",
abstract = "Carsharing is an advanced car rental service, which allows its users to rent vehicles for a short period. One-way carsharing systems allow users to drop-off rented vehicles to different spots than where they are picked-up. Although one-way systems offer additional flexibility to their customers, i.e. using different pick-up and drop-off stations, the operators do not prefer because of the additional complexity that one-way option brings. To have an acceptable level of service, the vehicles and empty spots should be at the right place and time. One-way systems also experience demand imbalances between stations throughout the day. For these reasons, one-way systems require relocation of vehicles between stations. Either a group of personnel and/or the users (with positive incentives) execute relocations.One of the ways of decreasing relocations without compromising the service level could be providing spatial and temporal flexibility to users with incentives. If the operator can offer a pick-up time not very earlier/later, and origin and destination stations not very distant than the users asked for, with an incentive (i.e. discounted rental fee), the operator can serve its users with fewer relocations. For this reason, we developed a solution framework that decides on detailed relocation operations, and demand reject/accept (with alternative) decisions simultaneously. Experiments with real data have shown that 1km pick-up and drop-off location distance flexibility and 60 minutes pick-up time flexibility, increase the profit of the non-flexible system over 10% by increasing the number of demand served over 25% and decreasing the personnel cost by over 60%.",
keywords = "one way carsharing, vehicle relocation optimization, integer programming, network flow, spatial and temporal flexibility",
author = "Burak Boyacı and Konstantinos Zografos",
year = "2019",
month = jun,
day = "3",
language = "English",
note = "VeRoLog 2019 - Annual Workshop of the EURO Working Group on Vehicle Routing and Logistics Optimization, VeRoLog 2019 ; Conference date: 02-06-2019 Through 05-06-2019",
url = "https://verolog2019.sciencesconf.org/",

}

RIS

TY - CONF

T1 - The effect of spatial and temporal flexibility on the profitability of one-way electric carsharing systems

AU - Boyacı, Burak

AU - Zografos, Konstantinos

PY - 2019/6/3

Y1 - 2019/6/3

N2 - Carsharing is an advanced car rental service, which allows its users to rent vehicles for a short period. One-way carsharing systems allow users to drop-off rented vehicles to different spots than where they are picked-up. Although one-way systems offer additional flexibility to their customers, i.e. using different pick-up and drop-off stations, the operators do not prefer because of the additional complexity that one-way option brings. To have an acceptable level of service, the vehicles and empty spots should be at the right place and time. One-way systems also experience demand imbalances between stations throughout the day. For these reasons, one-way systems require relocation of vehicles between stations. Either a group of personnel and/or the users (with positive incentives) execute relocations.One of the ways of decreasing relocations without compromising the service level could be providing spatial and temporal flexibility to users with incentives. If the operator can offer a pick-up time not very earlier/later, and origin and destination stations not very distant than the users asked for, with an incentive (i.e. discounted rental fee), the operator can serve its users with fewer relocations. For this reason, we developed a solution framework that decides on detailed relocation operations, and demand reject/accept (with alternative) decisions simultaneously. Experiments with real data have shown that 1km pick-up and drop-off location distance flexibility and 60 minutes pick-up time flexibility, increase the profit of the non-flexible system over 10% by increasing the number of demand served over 25% and decreasing the personnel cost by over 60%.

AB - Carsharing is an advanced car rental service, which allows its users to rent vehicles for a short period. One-way carsharing systems allow users to drop-off rented vehicles to different spots than where they are picked-up. Although one-way systems offer additional flexibility to their customers, i.e. using different pick-up and drop-off stations, the operators do not prefer because of the additional complexity that one-way option brings. To have an acceptable level of service, the vehicles and empty spots should be at the right place and time. One-way systems also experience demand imbalances between stations throughout the day. For these reasons, one-way systems require relocation of vehicles between stations. Either a group of personnel and/or the users (with positive incentives) execute relocations.One of the ways of decreasing relocations without compromising the service level could be providing spatial and temporal flexibility to users with incentives. If the operator can offer a pick-up time not very earlier/later, and origin and destination stations not very distant than the users asked for, with an incentive (i.e. discounted rental fee), the operator can serve its users with fewer relocations. For this reason, we developed a solution framework that decides on detailed relocation operations, and demand reject/accept (with alternative) decisions simultaneously. Experiments with real data have shown that 1km pick-up and drop-off location distance flexibility and 60 minutes pick-up time flexibility, increase the profit of the non-flexible system over 10% by increasing the number of demand served over 25% and decreasing the personnel cost by over 60%.

KW - one way carsharing

KW - vehicle relocation optimization

KW - integer programming

KW - network flow

KW - spatial and temporal flexibility

M3 - Abstract

T2 - VeRoLog 2019 - Annual Workshop of the EURO Working Group on Vehicle Routing and Logistics Optimization

Y2 - 2 June 2019 through 5 June 2019

ER -