Note: When clicking on a Digital Object Identifier (DOI) number, you will be taken to an external site maintained by the publisher.
                                            Some full text articles may not yet be available without a charge during the embargo (administrative interval).
                                        
                                        
                                        
                                            
                                                
                                             What is a DOI Number?
                                        
                                    
                                
Some links on this page may take you to non-federal websites. Their policies may differ from this site.
- 
            The growing popularity of bike-sharing systems around the world has motivated recent attention to models and algorithms for their effective operation. Most of this literature focuses on their daily operation for managing asymmetric demand. In this work, we consider the more strategic question of how to (re)allocate dock-capacity in such systems. We develop mathematical formulations for variations of this problem (either for service performance over the course of one day or for a long-run-average) and exhibit discrete convex properties in associated optimization problems. This allows us to design a polynomial-time allocation algorithm to compute an optimal solution for this problem, which can also handle practically motivated constraints, such as a limit on the number of docks moved in the system. We apply our algorithm to data sets from Boston, New York City, and Chicago to investigate how different dock allocations can yield better service in these systems. Recommendations based on our analysis have led to changes in the system design in Chicago and New York City. Beyond optimizing for improved quality of service through better allocations, our results also provide a metric to compare the impact of strategically reallocating docks and the daily rebalancing of bikes.more » « less
- 
            null (Ed.)We consider a general class of finite-horizon online decision-making problems, where in each period a controller is presented a stochastic arrival and must choose an action from a set of permissible actions, and the final objective depends only on the aggregate type-action counts. Such a framework encapsulates many online stochastic variants of common optimization problems including bin packing, generalized assignment, and network revenue management. In such settings, we study a natural model-predictive control algorithm that in each period, acts greedily based on an updated certainty-equivalent optimization problem. We introduce a simple, yet general, condition under which this algorithm obtains uniform additive loss (independent of the horizon) compared to an optimal solution with full knowledge of arrivals. Our condition is fulfilled by the above-mentioned problems, as well as more general settings involving piece-wise linear objectives and offline index policies, including an airline overbooking problem.more » « less
 An official website of the United States government
An official website of the United States government 
				
			 
					 
					
 
                                     Full Text Available
                                                Full Text Available