Titlebook: Optimization of Rental Systems; Queuing Loss Theory Felix Papier Book 2007 Springer Fachmedien Wiesbaden GmbH, part of Springer Nature 200

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Optimization of Rental Systems978-3-658-24313-5Series ISSN 2946-0301 Series E-ISSN 2946-031X

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Introduction,rofitability. Due to high energy and maintenance costs, the average return-on-sales of cargo logistics providers in Europe reaches just 3% (cf. DataMonitor (2003, 2005, 2007) and Ferrulli (2007)). Reducing costs by 1% would lead to an increase of return-on-sales by 32%.

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Capacity Rationing and Fleet Sizing under Batch Arrivals, service quality on the one hand and increasing pressure to cut costs on the other hand, this is about to change. Some customers require high availability, e.g. when their production schedule depends on timely transportation.

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Capacity Rationing under Advance Demand Information,ge to offer products and services that are tailored to the needs of their customers and to do so efficiently. To meet this challenge, many companies have started to introduce customer segmentation, an approach where customers are assigned to different classes based on criteria such as revenues, service requirements, or sales volumes.

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Conclusion,s were given in the four main chapters. Each chapter represented a mostly independent piece of research. Next, we summarize the main results of each chapter. Then, we critically review our way of modeling rental systems. Finally, we provide an outlook into further research.

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Felix PapierGives an insight into the Optimization of Cargo Vehicle Rental Systems.Presents planning approaches that address the optimal management of vehicle fleets.The book is aimed at scholars and graduate stu

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Book 2007h as customer segmentation are derived..Potential readership includes scholars and graduate students who are interested in the field of fleet planning and practitioners from logistics companies looking for new planning approaches..