Question: Case Study: citiBike Citibike System Data: https://www.citibikenyc.com/system-data Use sample of all the trips for the period: June 1, 2017 to May 31, 2018 Problem: How
Case Study: citiBike
Citibike System Data:
https://www.citibikenyc.com/system-data
Use sample of all the trips for the period: June 1, 2017 to May 31, 2018
Problem: How does citiBike deal with this mismatch between demand and supply ?
Question 1: How many bikes to stock in each station at the beginning of the day?
Objective: To find the number of bikes to stock in each station at the beginning of the day to maximize the number of daily bike trips we need to answer the below questions
Questions:
How many trips between stations every day?
How many stations and bikes?
Analysis:
Level I: Descriptive Analytics: Identifying trip patterns,
Question: Where is the demand, Where do bikes go? Show Trip Visualisation
Level II: Predictive Analytics: Forecasting daily trips between stations
Question: Demand Forecast ( Forecast Demand vs Regression)
Level III: Prescriptive analytics: Determining the number of bikes to stock in each station at the beginning of the day :
Question: Decision ( Using Optimization Model), Show the optimal number of trips
Please provide the answers to the question using R code
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
