Logistical inventory approach in forecasting and relocating share-use vehicles

This research involves a study of the existing carsharing services in Singapore. In this paper, a novel method to forecast and relocate vehicle resources for carsharing services was proposed. The idea is adapted from a model of logistical inventory management. The proposed model consists of three main components, i.e., focus forecasting, inventory replenishing, and microscopic traffic simulation. Based on the experimental results, the proposed method has the potential to improve the carsharing service currently operating in Singapore.