Integrated Vehicle Fleet-sizing, Leasing and Dispatching Policy in a Shuttle Service System

This paper aims to develop an integrated Markov model for fleet management decisions such as fleet sizing, vehicle leasing, loaded vehicle dispatching, and empty vehicle repositioning in a 2-terminal shuttle service, where vehicles are moving between terminals to satisfy random customer demands. The problem is approached in 2 stages. In the first stage, the optimal vehicle dispatching policy (including vehicle leasing) is derived with fixed fleet size. In the second stage, the fleet size is optimized. The model provides a framework to examine the detailed control structure of the optimal vehicle dispatching policy, which can lead to much simpler near-optimal policies that are easy to interpret and implement for terminal managers. Numerical examples are given to demonstrate the results.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/13675567
• Supplemental Notes:
  • Abstract reprinted with permission from Taylor and Francis
• Authors:
  • Song, Dong-Ping
  • Dinwoodie, John
  • Roe, Michael
• Publication Date: 2007-3

Language

• English

Media Info

• Media Type: Print
• Features: Figures; References;
• Pagination: pp 29-40
• Serial:
  • International Journal of Logistics Research and Applications
  • Volume: 10
  • Issue Number: 1
  • Publisher: Taylor & Francis
  • ISSN: 1367-5567
  • EISSN: 1469-848X
  • Serial URL: http://www.tandfonline.com/toc/cjol20/current

Subject/Index Terms

• TRT Terms: Decision support systems; Dispatching; Fleet management; Logistics; Markov processes; Optimization; Schedules and scheduling; Shuttle buses; Shuttle service; Vehicle fleets
• Subject Areas: Administration and Management; Freight Transportation; Highways; Operations and Traffic Management; Public Transportation; I10: Economics and Administration;

Filing Info

• Accession Number: 01053765
• Record Type: Publication
• Files: TRIS
• Created Date: Jul 8 2007 2:09AM