Decision on Transfer Policy for A Car Rental Company in Multi-City Network

DOI

10.2991/eame-15.2015.175How to use a DOI?

Keywords

car rental; dynamic programming; multi-city network; transfer

Abstract

In this paper, we propose dynamic programming model for a car rental company in multi-city network to determine the transfer policy in daily operation. In the model, each city faces two types of demand, namely, inter-city and local city demands, where the former refers to a customer pick up a vehicle in one city but return it in another city and the latter refers to a customer rent a vehicle in one city and return it to the original city. Because of inter-city demand, the vehicles in each city may become unbalanced. It is necessary to transfer vehicles among these cities to satisfy the corresponding demand. Though the complexity of this problem, we analyse the transfer strategy and propose an algorithm to achieve the transfer policy.

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - F. Tao
PY  - 2015/07
DA  - 2015/07
TI  - Decision on Transfer Policy for A Car Rental Company in Multi-City Network
BT  - Proceedings of the 2015 International Conference on Electrical, Automation and Mechanical Engineering
PB  - Atlantis Press
SP  - 636
EP  - 639
SN  - 2352-5401
UR  - https://doi.org/10.2991/eame-15.2015.175
DO  - 10.2991/eame-15.2015.175
ID  - Tao2015/07
ER  -