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Optimization approach to depot location and trip selection in one-way carsharing systems

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  • Correia, Gonçalo Homem de Almeida
  • Antunes, António Pais

Abstract

In this paper, we present an optimization approach to depot location in one-way carsharing systems where vehicle stock imbalance issues are addressed under three trip selection schemes. The approach is based on mixed-integer programming models whose objective is to maximize the profits of a carsharing organization considering all the revenues and costs involved. The practical usefulness of the approach is illustrated with a case study involving the municipality of Lisbon, Portugal. The results we have obtained from this study provided a clear insight into the impact of depot location and trip selection schemes on the profitability of such systems.

Suggested Citation

  • Correia, Gonçalo Homem de Almeida & Antunes, António Pais, 2012. "Optimization approach to depot location and trip selection in one-way carsharing systems," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 48(1), pages 233-247.
    • Handle: RePEc:eee:transe:v:48:y:2012:i:1:p:233-247
    DOI: 10.1016/j.tre.2011.06.003
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    References listed on IDEAS

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