Design of system for parking and repositioning of bikes in a public bike-sharing system

• Main Author: Kong, Jia Sheng
• Other Authors: Sivakumar A. I.
• Format: Final Year Project
• Language: English
• Published: 2019
• Subjects: DRNTU::Engineering::Mechanical engineering
• Online Access: http://hdl.handle.net/10356/78482
• Institution: Nanyang Technological University

This report describes two methods to meet the goal of this report which is to maximise the profits of a bike sharing operator. The first method is the Newsvendor model which is a theoretical model and is used to compute the number of bikes needed at each time period to maximise profit. The second me...