Introduction.- Bike Sharing Systems.- Optimization Problems.- Dynamic Decision Making.- The Stochastic-Dynamic Multi-Vehicle Inventory Routing Problem for Bike Sharing Systems.- Lookahead Policies.- Dynamic Lookahead Horizons.- Case Studies.- Managerial Implications.- Future Research.
This book reports on an operational management approach to improving bike-sharing systems by compensating for fluctuating demand patterns. The aim is to redistribute bikes within the system, allowing it to be “actively” balanced. The book describes a mathematical model, as well as data-driven and simulation-based approaches. Further, it shows how these elements can be combined in a decision-making support system for service providers. In closing, the book uses real-world data to evaluate the method developed and demonstrates that it can successfully anticipate changes in demand, thus supporting efficient scheduling of transport vehicles to manually relocate bikes between stations.