Dynamic incentive scheme for rental vehicle fleet management
Name
826648000-MIT.pdf
Description
Full printable version
Size
4.8 MB
Format
Adobe PDF
Checksum (MD5)
b86e4cff0f670f0bb2642b1407ee2c0a
Author(s)
Zhou, SiZhi
Advisor(s)
Kent Larson.
Date Issued
2012
Publisher
Massachusetts Institute of Technology
Abstract
Mobility on Demand is a new transportation paradigm aimed to provide sustainable transportation in urban settings with a fleet of electric vehicles. Usage scenarios prpopsed by Mobility on Demand systems must allow one-way rentals. However, one-way rentals bring significant challenges to fleet management because areas of high demand will tend to lose their inventory, whereas areas of low demand will tend to accumulate inventory. Dynamic incentives can be provided to encourage different usage patterns and alleviate the problem of demand asymmetry. This thesis proposes a dynamic incentive scheme for rental vehicle fleet management in the context of Mobility on Demand. Simulation using Vienna taxi data shows the scheme to be effective at maintaining the equalibrium state of the fleet. It holds great promise to be incorporated in a real-world deployment of Mobility on Demand system.
Description
Thesis (M. Eng.)--Massachusetts Institute of Technology, Dept. of Electrical Engineering and Computer Science, 2012.
Cataloged from PDF version of thesis.
Includes bibliographical references (p. 47-49).
Subjects
Electrical Engineering and Computer Science.
MIT Department
Massachusetts Institute of Technology. Department of Electrical Engineering and Computer Science
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