Vehicle sharing (ex: bike sharing, car sharing) systems, an attractive alternative of private transportation, are widely adopted in major cities around the world. In vehicle-sharing systems, base stations (ex: docking stations for bikes) are strategically placed throughout a city and each of the base stations contain a pre-determined number of vehicles at the beginning of each day. Due to the stochastic and individualistic movement of customers, there is typically either congestion (more than required) or starvation (fewer than required) of vehicles at certain base stations, which causes a significant loss in demand. We propose to dynamically redeploy idle vehicles using carriers so as to minimize lost demand or alternatively maximize revenue for the vehicle sharing company. To that end, we contribute an optimization formulation to jointly address the redeployment (of vehicles) and routing (of carriers) problems and provide two approaches that rely on decomposability and abstraction of problem domains to reduce the computation time significantly.

Vehicle-sharing (ex: bike sharing, car sharing) is widelyadopted in many cities of the world due to concernsassociated with extensive private vehicle usage, whichhas led to increased carbon emissions, traffic conges-tion and usage of non-renewable resources. In vehicle-sharing systems, base stations are strategically placedthroughout a city and each of the base stations containa pre-determined number of vehicles at the beginningof each day. Due to the stochastic and individualisticmovement of customers, typically, there is either con-gestion (more than required) or starvation (fewer thanrequired) of vehicles at certain base stations. As demon-strated in our experimental results, this happens oftenand can cause a significant loss in demand. We proposeto dynamically redeploy idle vehicles using carriers soas to minimize lost demand or alternatively maximizerevenue of the vehicle sharing company. To that end,we contribute an optimization formulation to jointly ad-dress the redeployment (of vehicles) and routing (of car-riers) problems and provide two approaches that rely ondecomposability and abstraction of problem domains toreduce the computation time significantly. Finally, wedemonstrate the utility of our approaches on two realworld data sets of bike-sharing companies.