Modeling and solving the short-term car rental logistics problem

Andreas Fink and Torsten Reiners

Transportation Research Part E: Logistics and Transportation Review, 2006, vol. 42, issue 4, 272-292

Abstract: 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.

Keywords: Car; rental; logistics; Transportation; in; car; rental; networks; Minimum; cost; network; flow; model (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (15)

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