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N | Set of stations |
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No | Set of nodes, including the stations and the depot (indexed by 0) |
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i, j | Indices of stations |
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| Initial inventory level at station i before the repositioning operation |
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| Final inventory level at station i after the repositioning operation |
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| Convex penalty function of for station i |
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| The target optimal inventory at station i, ,i.e., the optimal number of bikes at station i |
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P | Set of pick-up stations, i.e., |
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D | Set of drop-off stations, i.e., |
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Q | Truck capacity |
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| Capacity of station i |
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T | Repositioning time |
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L | Time required to load a bike from a station onto the truck |
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U | Time required to unload a bike from the truck to a station |
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M | A very large number |
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| Traveling time from station i to station j |
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| Binary variable that equals 1 if the truck travels directly from station i to station j, and 0 otherwise |
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| Number of bikes on the truck when it travels directly from station i to station j |
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| The loading quantities at station i, |
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| The unloading quantitiesat station i, |
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| The vector of the upper-level decision variables, |
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| The vector of the lower-level decision variables, |
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