2013
DOI: 10.1016/j.amc.2012.11.098
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Expected value model for optimizing the multiple bus headways

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Cited by 38 publications
(27 citation statements)
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“…Implementing the proposed approach in examples shows that the most significant cost reduction is obtained in cases with low-level of service. Li et al (2013) also consider stochastic parameters such as demand, arrival times, boarding/alighting times, and travel times. The authors define a stochastic optimization approach to find the optimal frequency that minimizes the sum of the expected value of the company profit and the waiting time costs for passengers.…”
Section: Frequency Setting Problemmentioning
confidence: 99%
“…Implementing the proposed approach in examples shows that the most significant cost reduction is obtained in cases with low-level of service. Li et al (2013) also consider stochastic parameters such as demand, arrival times, boarding/alighting times, and travel times. The authors define a stochastic optimization approach to find the optimal frequency that minimizes the sum of the expected value of the company profit and the waiting time costs for passengers.…”
Section: Frequency Setting Problemmentioning
confidence: 99%
“…Guihaire and Hao (2008) and Ibarra-Rojas et al (2015) review 26 contributions dealing with headway optimization, showing that early works assume fixed demand and are based on analytic models (Newell 1971;Salzborn 1972;Schéele 1980;Han and Wilson 1982). Six of the 26 works Yu et al 2011;Huang et al 2013;Li et al 2013;Wu et al 2015) and Ruano et al (2017) more recently, employ genetic algorithms for the headway optimization problem. Most of them also use non-linear models, though Li et al (2013) offer a simulation model.…”
Section: Introductionmentioning
confidence: 99%
“…al., 2015). The optimization approach followed in this research differs from many past approaches in that it optimizes the allocation of a fixed total amount of vehicles over a group of routes rather than determining frequencies, although the two problems are closely related (Ceder, 1984;Constantin and Florian, 1995;Furth and Wilson, 1981;Li et. al., 2013;Martínez et.…”
Section: Introductionmentioning
confidence: 99%