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sysid blog · Apr 11, 2020

Optimized Car Rental

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Modelling a car rental company with medium complexity or how to make 120k € per week. 1 If you need a primer on Linear Programming: Linear Programming for Dummies 1 Tools employed: Linear programming Python Pyomo as LP modelling language Optimizer: CBC Company model Let’s assume a car rental company with 4 locations and business hours from Monday to Saturday. The rental car demand estimate…

Modelling a car rental company with medium complexity or how to make 120k € per week.1

If you need a primer on Linear Programming: Linear Programming for Dummies 1

Tools employed:

  • Linear programming
  • Python
  • Pyomo as LP modelling language
  • Optimizer: CBC

Company model

Let’s assume a car rental company with 4 locations and business hours from Monday to Saturday.

The rental car demand estimate is:

Cars can be rented for 1, 2 or 3 days and can be returned to either the depot from which rented or another depot at the start of the next morning. A 3-day rental on Friday means that the car has to be returned on Tuesday morning because Sunday is closed.

Read on /optimized-car-rental/

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