Modeling and solving the short-term car rental logistics problem

Logistics management in the car rental business involves short-term decisions about the transportation and deployment of cars with regard to optimizing fleet utilization while maintaining a high service level. We model and solve this problem by means of minimum cost network flow optimization under c...

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Bibliographic Details
Main Authors: Fink, A., Reiners, Torsten
Other Authors: W. Talley
Format: Journal Article
Published: Elsevier 2006
Subjects:
Online Access:http://www.sciencedirect.com/science/journal/13665545/42/4
http://hdl.handle.net/20.500.11937/47519
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author Fink, A.
Reiners, Torsten
author2 W. Talley
author_facet W. Talley
Fink, A.
Reiners, Torsten
author_sort Fink, A.
building Curtin Institutional Repository
collection Online Access
description Logistics management in the car rental business involves short-term decisions about the transportation and deployment of cars with regard to optimizing fleet utilization while maintaining a high service level. We model and solve this problem by means of minimum cost network flow optimization under consideration of essential practical needs such as multi-period planning, a country-wide network, customized transportation relations, fleeting and defleeting, and car groups with partial substitutability. Experiments were conducted on substantial real-world data, using a simulation model to assess optimization results for different scenarios. The results indicate that the proposed approach can significantly improve efficiency.
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format Journal Article
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institution Curtin University Malaysia
institution_category Local University
last_indexed 2025-11-14T09:34:43Z
publishDate 2006
publisher Elsevier
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spelling curtin-20.500.11937-475192017-02-28T01:38:09Z Modeling and solving the short-term car rental logistics problem Fink, A. Reiners, Torsten W. Talley Car rental logistics Transportation in car rental networks Minimum cost network flow model Logistics management in the car rental business involves short-term decisions about the transportation and deployment of cars with regard to optimizing fleet utilization while maintaining a high service level. We model and solve this problem by means of minimum cost network flow optimization under consideration of essential practical needs such as multi-period planning, a country-wide network, customized transportation relations, fleeting and defleeting, and car groups with partial substitutability. Experiments were conducted on substantial real-world data, using a simulation model to assess optimization results for different scenarios. The results indicate that the proposed approach can significantly improve efficiency. 2006 Journal Article http://hdl.handle.net/20.500.11937/47519 http://www.sciencedirect.com/science/journal/13665545/42/4 Elsevier restricted
spellingShingle Car rental logistics
Transportation in car rental networks
Minimum cost network flow model
Fink, A.
Reiners, Torsten
Modeling and solving the short-term car rental logistics problem
title Modeling and solving the short-term car rental logistics problem
title_full Modeling and solving the short-term car rental logistics problem
title_fullStr Modeling and solving the short-term car rental logistics problem
title_full_unstemmed Modeling and solving the short-term car rental logistics problem
title_short Modeling and solving the short-term car rental logistics problem
title_sort modeling and solving the short-term car rental logistics problem
topic Car rental logistics
Transportation in car rental networks
Minimum cost network flow model
url http://www.sciencedirect.com/science/journal/13665545/42/4
http://hdl.handle.net/20.500.11937/47519