3108 Etcheverry Hall
3:30 p.m. - 5:00 p.m.
Abstract: Bike-sharing systems are changing the urban transportation landscape; for example, New York launched the largest bike-sharing system in North America in May 2013, with individual trips exceeding 15 million rides for 2017. We have worked with Citibike, using analytics and optimization to change how they manage the system. Huge rush-hour usage imbalances the system - we answer the following two questions: where should bikes be at the start of a day and how can we mitigate the imbalances that develop?
We will survey the analytics we have employed for the former question, where we developed an approach based on continuous-time Markov chains combined with integer programming models to compute daily stocking levels for the bikes, as well as methods employed for optimizing the capacity of the stations. For the question of mitigating the imbalances that result, we will describe both heuristic methods and approximation algorithms that guide both mid-rush hour and overnight rebalancing, as well as for the positioning of corrals, which have been one of the most effective means of creating adaptive capacity in the system. More recently, we have guided the development of Bike Angels, a program to incentivize users to crowdsource “rebalancing rides”, and we will describe its underlying analytics.
This is joint work with Daniel Freund, Shane Henderson, and Eoin O’Mahony, as well as Hangil Chung, Aaron Ferber, Nanjing Jian, Ashkan Nourozi-Fard, Alice Paul, and David Williamson.
Bio: Laibe/Acheson Professor of Business Management & Leadership Studies, School of Operations Research and Information Engineering, and Department of Computer Science, Cornell University
David Shmoys obtained his PhD in Computer Science from the University of California at Berkeley in 1984, and held postdoctoral positions at MSRI in Berkeley and Harvard University, and a faculty position at MIT before joining the faculty at Cornell University. He was Chair of the Cornell Provost’s “Radical Collaborations” Task Force on Data Science, co-Chair of the Academic Planning Committee for Cornell Tech, and is Associate Director of the Institute of Computational Sustainability at Cornell University.
David’s research has focused on the design and analysis of efficient algorithms for discrete optimization problems, with applications including scheduling, inventory theory, computational biology, computational sustainability, and most recently, data-driven decision-making in the sharing economy. His work has highlighted the central role that linear programming plays in the design of approximation algorithms for NP-hard problems; his book (co-authored with David Williamson), The Design of Approximation Algorithms, was awarded the 2013 Lanchester Prize by INFORMS.
David is a Fellow of the ACM, INFORMS, and of SIAM, was an NSF Presidential Young Investigator, and has served on numerous editorial boards, currently including Operations Research (co-Area Editor for Optimization) and Mathematics of Operations Research, as well as previous stints on the boards of ORSA Journal of Computing, Mathematical Programming, and the SIAM Journals of both Computing and Discrete Mathematics, where for the latter he also served as Editor-in-Chief.