Under the Hood of Bike Sharing
Shane Henderson
Cornell University
Wednesday, Oct 2, 2019
4:30 - 5:30 PM
Location: Shriram 262
Abstract:
Cornell's work on bike sharing with Citi Bike and its parent company
Motivate relies on a combination of data analysis, stochastic modeling
and optimization to help inform both the design and operation of the
largest bike-sharing operations in North America. I'll discuss our
work and its impact, but focus on some of the inner workings of the
stochastic modeling. This includes the use of (one of) the Poisson
equation(s) in the computation of a central performance measure, a
proof that the resulting objective function has important structural
properties, and a heuristic underlying a simulation-optimization
principle that is likely useful in many other contexts.
Joint work with Daniel Freund, Nanjing Jian, Eoin O'Mahony, David Shmoys.
Operations Research Colloquia: http://or.stanford.edu/oras_seminars.html