Simulation-based optimization for rebalancing the fleet of vehicles in free-floating shared mobility systems

In recent years, shared mobility systems have had a growing presence in cities all over the world. This is understandable given its numerous advantages such as the reduced need for personal vehicle ownership, reduced traffic congestion and emissions, increased parking efficiency, and cost savings for users. Overall, shared mobility systems offer...

The potential of optimization and simulation to better match supply and demand in shared mobility systems

Shared mobility systems allow individuals to rent vehicles on an as-needed basis. The benefit of this is that these individuals does not have to buy the vehicle themselves and only pay for its use. These shared mobility systems are becoming increasingly popular due to the fact that sharing vehicles means fewer are required and fewer resources...