The employment strategy is of great significance to improve the performances of the ride-hailing platforms. This paper establishes a nonlinear programming model to characterize the employment problem of a ride-hailing platform where full-time drivers and part-time drivers coexist, facing a month-varied daily market size. The daily online time of the full-time drivers is assumed to be fixed, while the daily online time of the part-time drivers is self-scheduled. The objective of the decision model is to maximize the total effective demand of the ride-hailing platform, and the constraints are to guarantee the minimum income of both the full-time and part-time drivers. By solving the models, we find the decision problem can be simplified as a linear programming model and the optimal numbers of full-time drivers and part-time drivers are derived. Theoretical results show that it is optimal for the ride-hailing platform to employ only part-time drivers if the cap of number of part-time drivers is sufficiently high, and the number of part-time drivers satisfies that the expected income per unit time during the month with the minimum daily market size equals the required minimum income. Otherwise, if the cap of number of part-time drivers is not sufficiently high, full-time drivers and part-time drivers will coexist. Finally, a numerical experiment is conducted to illustrate the theoretical results.
Published in | International Journal of Economics, Finance and Management Sciences (Volume 9, Issue 6) |
DOI | 10.11648/j.ijefm.20210906.11 |
Page(s) | 221-224 |
Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
Copyright |
Copyright © The Author(s), 2021. Published by Science Publishing Group |
Optimization, Employment, Ride-Hailing Platforms
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APA Style
Chunhui Liu, Yangguang Lu. (2021). Modelling and Optimization for the Employment of Full-Time and Part-Time Drivers in Ride-Hailing Platforms. International Journal of Economics, Finance and Management Sciences, 9(6), 221-224. https://doi.org/10.11648/j.ijefm.20210906.11
ACS Style
Chunhui Liu; Yangguang Lu. Modelling and Optimization for the Employment of Full-Time and Part-Time Drivers in Ride-Hailing Platforms. Int. J. Econ. Finance Manag. Sci. 2021, 9(6), 221-224. doi: 10.11648/j.ijefm.20210906.11
AMA Style
Chunhui Liu, Yangguang Lu. Modelling and Optimization for the Employment of Full-Time and Part-Time Drivers in Ride-Hailing Platforms. Int J Econ Finance Manag Sci. 2021;9(6):221-224. doi: 10.11648/j.ijefm.20210906.11
@article{10.11648/j.ijefm.20210906.11, author = {Chunhui Liu and Yangguang Lu}, title = {Modelling and Optimization for the Employment of Full-Time and Part-Time Drivers in Ride-Hailing Platforms}, journal = {International Journal of Economics, Finance and Management Sciences}, volume = {9}, number = {6}, pages = {221-224}, doi = {10.11648/j.ijefm.20210906.11}, url = {https://doi.org/10.11648/j.ijefm.20210906.11}, eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20210906.11}, abstract = {The employment strategy is of great significance to improve the performances of the ride-hailing platforms. This paper establishes a nonlinear programming model to characterize the employment problem of a ride-hailing platform where full-time drivers and part-time drivers coexist, facing a month-varied daily market size. The daily online time of the full-time drivers is assumed to be fixed, while the daily online time of the part-time drivers is self-scheduled. The objective of the decision model is to maximize the total effective demand of the ride-hailing platform, and the constraints are to guarantee the minimum income of both the full-time and part-time drivers. By solving the models, we find the decision problem can be simplified as a linear programming model and the optimal numbers of full-time drivers and part-time drivers are derived. Theoretical results show that it is optimal for the ride-hailing platform to employ only part-time drivers if the cap of number of part-time drivers is sufficiently high, and the number of part-time drivers satisfies that the expected income per unit time during the month with the minimum daily market size equals the required minimum income. Otherwise, if the cap of number of part-time drivers is not sufficiently high, full-time drivers and part-time drivers will coexist. Finally, a numerical experiment is conducted to illustrate the theoretical results.}, year = {2021} }
TY - JOUR T1 - Modelling and Optimization for the Employment of Full-Time and Part-Time Drivers in Ride-Hailing Platforms AU - Chunhui Liu AU - Yangguang Lu Y1 - 2021/11/12 PY - 2021 N1 - https://doi.org/10.11648/j.ijefm.20210906.11 DO - 10.11648/j.ijefm.20210906.11 T2 - International Journal of Economics, Finance and Management Sciences JF - International Journal of Economics, Finance and Management Sciences JO - International Journal of Economics, Finance and Management Sciences SP - 221 EP - 224 PB - Science Publishing Group SN - 2326-9561 UR - https://doi.org/10.11648/j.ijefm.20210906.11 AB - The employment strategy is of great significance to improve the performances of the ride-hailing platforms. This paper establishes a nonlinear programming model to characterize the employment problem of a ride-hailing platform where full-time drivers and part-time drivers coexist, facing a month-varied daily market size. The daily online time of the full-time drivers is assumed to be fixed, while the daily online time of the part-time drivers is self-scheduled. The objective of the decision model is to maximize the total effective demand of the ride-hailing platform, and the constraints are to guarantee the minimum income of both the full-time and part-time drivers. By solving the models, we find the decision problem can be simplified as a linear programming model and the optimal numbers of full-time drivers and part-time drivers are derived. Theoretical results show that it is optimal for the ride-hailing platform to employ only part-time drivers if the cap of number of part-time drivers is sufficiently high, and the number of part-time drivers satisfies that the expected income per unit time during the month with the minimum daily market size equals the required minimum income. Otherwise, if the cap of number of part-time drivers is not sufficiently high, full-time drivers and part-time drivers will coexist. Finally, a numerical experiment is conducted to illustrate the theoretical results. VL - 9 IS - 6 ER -