A multi-objective optimization model for bike-sharing

Yu Shan, Dejun Xie, Rui Zhang

Research output: Chapter in Book or Report/Conference proceedingConference Proceedingpeer-review

1 Citation (Scopus)

Abstract

The study proposes a multi-objective optimization model for bike-sharing industry by monitoring, with high accuracy, the user demand and providing the suitable number of bikes at selected stations. One of the key factors for designing an optimized bike sharing system is to balance the demand of pick-ups (drop-offs) around a given station and the number of available bikes (vacant lockers) in the station throughout the day. The model optimizes the location of bicycle stations and the number of parking slots that each station should have by taking account of the main contributing factors including the total budget of the bike sharing system, the popularity of riding in the city, and the expected proximity of the stations. A case study using the bike-sharing in New York was conducted to test theeffectiveness of themodel.

Original languageEnglish
Title of host publicationICIT 2019 - Proceedings of the 7th International Conference on Information Technology
Subtitle of host publicationIoT and Smart City
PublisherAssociation for Computing Machinery
Pages383-387
Number of pages5
ISBN (Electronic)9781450376631
DOIs
Publication statusPublished - 20 Dec 2019
Event7th International Conference on Information Technology: IoT and Smart City, ICIT 2019 - Shanghai, China
Duration: 20 Dec 201923 Dec 2019

Publication series

NameACM International Conference Proceeding Series

Conference

Conference7th International Conference on Information Technology: IoT and Smart City, ICIT 2019
Country/TerritoryChina
CityShanghai
Period20/12/1923/12/19

Keywords

  • Bike sharing systems
  • Parking slots
  • Sharing economy
  • Traveling cost
  • Unmet demand

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