Optimal Parking of Idle Elevators under Myopic and State-Dependent Policies

• Main Authors: PARLAR, Mahmut, MOOSA, Sharafali, OU, Jihong
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2006
• Subjects: Operations and Supply Chain Management; Operations Research, Systems Engineering and Industrial Engineering
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/883; https://doi.org/10.1016/j.ejor.2004.07.042
• Institution: Singapore Management University

In this paper we discuss the problem of optimally parking single and multiple idle elevators under light-traffic conditions. The problem is analyzed from the point of view of the elevator owner whose objective is to minimize the expected total cost of parking and dispatching the elevator (which incl...