Hybrid Rebalancing with Dynamic Hubbing for Free-floating Bike Sharing Using Multi-objective Simulation Optimization

For rebalancing problem of free-floating bike sharing systems, we propose dynamic hubbing (i.e. dynamically determining geofencing areas) and hybrid rebalancing (combining user-based and operator-based strategies) and solve the problem with a novel multi-objective simulation optimization approach. Given historical usage data and real-time bike GPS location information, dynamic geofenced areas (hubs) are determined to encourage users … Read more