Random vehicle dispatching with options and optimal fleet size

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.

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Year of publication:	1980
Authors:	Zuckerman, Dror ; Tapiero, Charles S.
Published in:	Transportation Research Part B: Methodological. - Elsevier, ISSN 0191-2615. - Vol. 14.1980, 4, p. 361-368
Publisher:	Elsevier

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005279772