Vehicle-relocation optimization for one-way carsharing

Authors

  • Kyoung Hoon Kim Yonsei University, Dept. of IIE
  • Young Hoon Lee Yonsei University, Dept. of IIE

DOI:

https://doi.org/10.23055/ijietap.2017.24.5.2317

Keywords:

carsharing, one-way carsharing, vehicle relocation, system optimization, operations research

Abstract

Carsharing is becoming one of the fastest growing industries. In contrast to a round-trip system, the one-way carsharing system permits to return the rented vehicle to another station. Inevitably, a one-way system results in vehicle inventory imbalance issues and periodical vehicle relocations are required as a result. This paper deals with the issue using two optimization models: CArsharing NO relocation with MAximal demand satisfaction (CANOMA) and Carsharing RElocation with MAximal demand satisfaction (CREMA). The CANOMA model looks into the optimal solution of vehicle inventory and allocation without vehicle relocation, while the CREMA model searches for optimal solution of vehicle inventory, allocation and relocation with periodic vehicle relocation. Various experiments are performed to prove the vehicle relocation. In comparison with CANOMA, CREMA shows a lower level of vehicle inventory, a higher level of vehicle allocation and utilization required for meeting same customer demand via efficient vehicle relocation.

Author Biographies

Kyoung Hoon Kim, Yonsei University, Dept. of IIE

Department of IIE, Ph.D candidate

Young Hoon Lee, Yonsei University, Dept. of IIE

Department of IIE, Yonsei University,

Professor

Published

2018-01-11

How to Cite

Kim, K. H., & Lee, Y. H. (2018). Vehicle-relocation optimization for one-way carsharing. International Journal of Industrial Engineering: Theory, Applications and Practice, 24(5). https://doi.org/10.23055/ijietap.2017.24.5.2317

Issue

Section

Logistics and Material Handling