Location optimization of on-campus bicycle-sharing electronic fences

Abstract

In the bicycle-sharing operation network, the mismatch between supply and demand as well as indiscriminate bicycle parking have caused the waste of resources and increased management costs for operators. This study presents design of a bike-sharing electronic fences location developed for Hunan University of Technology and Business. In this paper, we constructed Site Selection Model with Constrained Service Level and use Hybrid Genetic & Annealing algorithm (HGAA) to adjust the location of electronic fences to balance the supply and demand of sharing bicycles with the objective function of minimizing the cost and ensuring the service level, and we use Hunan University of Technology and Industry as an example to verify the effectiveness of the method.