An optimal stopping policy for car rental businesses with purchasing customers

DOI10.1007/S10479-016-2240-2MaRDI QIDQ2095189zbMATH OpenOpenAlexFDO

Authors Belleh A. Fontem

Publication date 9 November 2022

Published in Annals of Operations Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s10479-016-2240-2

zbMATH Keywords

applications of stochastic modelsjoint renting and vendingoptimal stoppingsequential decision making

Mathematics Subject Classification ID

Dynamic programming (90C39) Applications of mathematical programming (90C90)

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Cites work

• Bike sharing systems: solving the static rebalancing problem
• Capacity Management in Rental Businesses with Two Customer Bases
• Capacity rationing in stochastic rental systems with advance demand information
• Computational Science – ICCS 2005
• Dynamics of new product introduction in closed rental systems
• Fleet-sizing and service availability for a vehicle rental system via closed queueing networks
• Good timing: the economics of optimal stopping
• Multisource Bayesian sequential binary hypothesis testing problem
• OPTIMAL MULTIPLE STOPPING AND VALUATION OF SWING OPTIONS
• Optimal Stopping and the American Put
• Optimal stopping in software testing
• Optimal stopping time in software testing based on failure size approach
• Pricing and capacity rationing for rentals with uncertain durations
• Some Stochastic Inventory Models for Rental Situations
• The Multi-Armed Bandit Problem: Decomposition and Computation
• The stochastic knapsack problem

Cited in

(3)

• Integer programming models and linearizations for the traveling car renter problem
• Modelling and solving a car rental revenue optimisation problem
• Constrained maximum variance stopping for a finite horizon increasing random walk

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