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dc.contributor.authorWu, Ruijing
dc.contributor.authorLiu, Shaoxuan
dc.contributor.authorShi, Zhenyang
dc.date.accessioned2020-05-20T20:33:44Z
dc.date.available2020-05-20T20:33:44Z
dc.date.issued2019-05-31
dc.date.submitted2019-05
dc.identifier.issn2071-1050
dc.identifier.urihttps://hdl.handle.net/1721.1/125364
dc.description.abstractFree-float bike-sharing (FFBS) systems have increased in popularity as a sustainable travel mode in recent years, especially in the urban areas of China. Despite the convenience such systems offer to customers, it is not easy to maintain an effective balance in the distribution of bikes. This study considers the dynamic rebalancing problem for FFBS systems, whereby user-based tactics are employed by incentivizing users to perform repositioning activities. Motivated by the fact that the problem is frequently faced by FFBS system operators entering a new market with limited information on travel demand, we adopt the ranking and selection approach to select the optimal incentive plan. We describe the system dynamics in detail, and formulate a profit maximization problem with a constraint on customer service level. Through numerical studies, we first establish that our procedure can select the optimal incentive plan in a wide range of scenarios. Second, under our incentive plan, the profit and service level can be improved significantly compared with the scenario without incentive provision. Third, in most cases, our procedure can achieve the optimal solution with a reasonable sample size. Keywords: free-float bike-sharing; customer incentive-based rebalancing; simulation optimization; ranking and selectionen_US
dc.publisherMultidisciplinary Digital Publishing Instituteen_US
dc.relation.isversionof10.3390/su11113088en_US
dc.rightsCreative Commons Attributionen_US
dc.rights.urihttps://creativecommons.org/licenses/by/4.0/en_US
dc.sourceMultidisciplinary Digital Publishing Instituteen_US
dc.titleCustomer incentive rebalancing plan in free-float bike-sharing system with limited informationen_US
dc.typeArticleen_US
dc.identifier.citationWu, Ruijing, Shaoxuan Liu, and Zhenyang Shi, "Customer incentive rebalancing plan in free-float bike-sharing system with limited information." Sustainability 11, 11 (May 2019): no. 3088 doi 10.3390/su11113088 ©2019 Author(s)en_US
dc.contributor.departmentMassachusetts Institute of Technology. Center for Transportation & Logisticsen_US
dc.relation.journalSustainabilityen_US
dc.eprint.versionFinal published versionen_US
dc.type.urihttp://purl.org/eprint/type/JournalArticleen_US
eprint.statushttp://purl.org/eprint/status/PeerRevieweden_US
dc.date.updated2020-03-02T12:52:50Z
dspace.date.submission2020-03-02T12:52:50Z
mit.journal.volume11en_US
mit.journal.issue11en_US
mit.licensePUBLISHER_CC
mit.metadata.statusComplete


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