Random vehicle dispatching with options and optimal fleet size

Dror Zuckerman and Charles S. Tapiero

Transportation Research Part B: Methodological, 1980, vol. 14, issue 4, 361-368

Abstract: A dispatching problem with random availability of vehicles and options to send rented vehicles is considered. We assume passenger arrivals to be described by a pure-birth process. Such a problem is analytically attractive and is shown to have practical applications in vehicle dispatching models. An average cost criterion is used to determine firm's fleet size and option (renting) strategy.

Date: 1980
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