Free-floating bike sharing: Solving real-life large-scale static rebalancing problems

Computational experiments were carried out on the 1 Commodity Pickup and Delivery Traveling Salesman Problem (1-PDTSP) instances used previously in the literature and on three new sets of instances, two (one real-life and one general) based on Share-A-Bull Bikes (SABB) FFBS program recently launched at the Tampa campus of University of South Florida and the other based on Divvy SBBS in Chicago. Computational experiments on the 1-PDTSP instances demonstrate that the proposed algorithm outperforms a tabu search algorithm and is highly competitive with exact algorithms previously reported in the literature for solving static rebalancing problems in SBSS. Computational experiments on the SABB and Divvy instances, demonstrate that the proposed algorithm is able to deal with the increase in scale of the static rebalancing problem pertaining to both FFBS and SBBS, while deriving high-quality solutions in a reasonable amount of CPU time.