Deng, Yuntian; Chen, Hao; Shao, Shiping; Tang, Jiacheng; … - In: Journal of management science and engineering 7 (2022) 2, pp. 346-364
The problem of designing a rebalancing algorithm for a large-scale ridehailing system with asymmetric (unbalanced) demand is considered here. We pose the rebalancing problem within a semi Markov decision problem (SMDP) framework with closed queues of vehicles serving stationary, but asymmetric...