On determining optimal fleet size and vehicle transfer policy for a car rental company

DOI10.1016/J.COR.2009.05.010MaRDI QIDQ732903zbMATH OpenOpenAlexFDO

Authors Zhaolin Li, Feng Tao

Publication date 15 October 2009

Published in Computers \& Operations Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.cor.2009.05.010

zbMATH Keywords

Markov decision processautomobile rentalfleet size managementvehicle transfer

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Markov and semi-Markov decision processes (90C40)

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Cites work

• scientific article; zbMATH DE number 3562783 (Why is no real title available?)
• scientific article; zbMATH DE number 1501037 (Why is no real title available?)
• A Model for Fleet Sizing and Vehicle Allocation
• A simulated annealing approach for the multi-periodic rail-car fleet sizing problem
• A two-location inventory model with transshipment and local decision making
• An Optimal Policy for a Two Depot Inventory Problem with Stock Transfer
• An integrated optimization model for train crew management
• Capacity Management in Rental Businesses with Two Customer Bases
• Dynamic control of logistics queueing networks for large-scale fleet management
• Multi-factor dynamic investment under uncertainty
• Operations Research and Capacity Expansion Problems: A Survey
• Optimal and Approximate Policies in Multiperiod, Multilocation Inventory Models with Transshipments
• Optimal empty vehicle redistribution for hub‐and‐spoke transportation systems
• Optimal empty vehicle repositioning and fleet-sizing for two-depot service systems
• Static and Dynamic Time-Space Strategic Models and Algorithms for Multilevel Rail-Car Fleet Management

Cited in

(12)

• A two-stage robust optimization approach for the mobile facility fleet sizing and routing problem under uncertainty
• Performance evaluations of vehicle sharing in closed queueing networks system
• Optimal empty vehicle repositioning and fleet-sizing for two-depot service systems
• Optimal size of a rental inventory with items available from a secondary source: a model with non-stationary probabilities
• Cross docking for libraries with a depot
• Redistributing stock in library systems with a depot
• A co-evolutionary matheuristic for the car rental capacity-pricing stochastic problem
• Profit management of car rental companies
• Fleet sizing of reusable articles under uncertain demand and turnaround times
• An optimal stopping policy for car rental businesses with purchasing customers
• Revenue models and policies for the car rental industry
• Dynamic vehicle allocation control for automated material handling system in semiconductor manufacturing

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