The impact of machine learning forecasting on strategic decision-making for Bike Sharing Systems

๐Ÿ“… 2026-03-16
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๐Ÿค– AI Summary
This study addresses the imbalance of bike supply and demand across stations in bike-sharing systems by proposing an optimization framework that integrates machine learningโ€“based forecasting with simulation-driven decision-making. A time-series model is employed to accurately predict the net flow of bikes at each station, and these predictions are embedded into a simulation system calibrated with real-world operational data to support both long-term strategic planning and daily rebalancing decisions. The work presents the first systematic quantification of how prediction accuracy directly influences the effectiveness of rebalancing strategies. Experiments on a real-world dataset from Brescia, Italy, demonstrate that the proposed approach significantly outperforms conventional forecasting methods and substantially enhances the quality of simulation-informed operational decisions.

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๐Ÿ“ Abstract
In this paper, machine learning techniques are used to forecast the difference between bike returns and withdrawals at each station of a bike sharing system. The forecasts are integrated into a simulation framework that is used to support long-term decisions and model the daily dynamics, including the relocation of bikes. We assess the quality of the machine learning-based forecasts in two ways. Firstly, we compare the forecasts with alternative prediction methods. Secondly, we analyze the impact of the forecasts on the quality of the output of the simulation framework. The evaluation is based on real-world data of the bike sharing system currently operating in Brescia, Italy.
Problem

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machine learning forecasting
bike sharing systems
strategic decision-making
bike relocation
demand prediction
Innovation

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machine learning forecasting
bike sharing systems
simulation framework
strategic decision-making
demand prediction
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Enrico Angelelli
Department of Economics and Management, University of Brescia, Italy
A
Andrea Mor
Department of Management, Economics and Industrial Engineering, Politecnico di Milano, Italy
Carlotta Orsenigo
Carlotta Orsenigo
Politecnico di Milano
M
M. Grazia Speranza
Department of Economics and Management, University of Brescia, Italy
C
Carlo Vercellis
Department of Management, Economics and Industrial Engineering, Politecnico di Milano, Italy