Profit management of car rental companies
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文摘
A car rental company consists of M available vehicles, with N currently rented vehicles, 0 ≤ N ≤ M. The information i and entropy S = E(i) of a company are its basic measures. The utilization, fleet size, and coefficient of proportionality of a company are three key metrics. Expression for the mean profit gained by the company as a function of these metrics is obtained. A company which is represented by the Erlang M-server loss system is investigated.

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