Optimization of Rental Systems

Logistics providers typically own large fleets of transportation vehicles such as rail cars or trucks. These fleets do not only determine to a large extent the service level the company can offer, but also make up a large part of total costs. Proper management of the fleet is therefore a crucial factor for these companies.
In this book the author presents planning approaches that address the optimal management of vehicle fleets. Firstly, methods for determining the mixture of vehicle types and the optimal size of a fleet are developed. Secondly, approaches for supporting new service models such as customer segmentation are derived.
Potential readership includes scholars and graduate students who are interested in the field of fleet planning and practitioners from logistics companies looking for new planning approaches.

Gives an insight into the Optimization of Cargo Vehicle Rental Systems Presents planning approaches that address the optimal management of vehicle fleets The book is aimed at scholars and graduate students of business economics

Autorentext
Felix Papier published his work with Kölner Wissenschaftsverlag until 2018.

Inhalt
1 Introduction.- 2 Fleet Sizing and Structuring.- 3 Convexity of Loss Probabilities.- 4 Rationing and Fleet Sizing.- 5 Rationing under ADI.- 6 Conclusion.- Bibliography.