Earlier quoted context omitted.
Fascinating story. Thank you for sharing! How long did it take you to build this company from start to exit? What were some of the toughest moments you experienced? And what advice would you give to people who want to build their own companies in transportation/logistics fields? (I know - may not be exactly your area but there may be some cross-sector knowledge sharing at play here!).
I started it, unofficially, in 1991. The sale was finalized in late 2007. I started with loaned equipment from DEC, on an empty factory floor, with just myself and a fellow grad. He was a CS grad and we would later part peacefully. He never had ownership. My toughest moments were people related. I never took any fancy business course that taught me how to manage people. I tried to micromanage and had a hard time lett…
MIT team’s school-bus algorithm could save $5M and 1M bus miles
101–110 of 113 posts
Re: MIT team’s school-bus algorithm could save $5M and 1M bus miles
#102Earlier quoted context omitted.
I modeled traffic. I sold my company and retired, years ago. People don't realize how complicated traffic really is. It's a chaotic system, of sorts. You can tease out patterns with some work. Anyhow, to add to your point, you can model all you want - but some drunk is going to reverse the wrong way down a one way street. One of these days, maybe I'll get around to putting my experiences into giant walls of text.
I am curious: do you know anything about rail?
But, if you have a question - I may know. I have done quite a bit of reading, but no academic research and no publications with regards to rail transport.
Re: MIT team’s school-bus algorithm could save $5M and 1M bus miles
#103Re: MIT team’s school-bus algorithm could save $5M and 1M bus miles
#104Kind of off topic but... why is no one converting school buses to electric? Seems like a perfect opportunity. Lots of space for batteries. High torque. Short runs in the morning and afternoon. Think of how many diesel school busses there are across just the USA every morning.
A typical service day for a school bus can be pretty packed.
Re: MIT team’s school-bus algorithm could save $5M and 1M bus miles
#105Earlier quoted context omitted.
> citizen impact per employee. Do you think it would actually possible to quantify this in a way that: 1. Accurately represented "reality"? 2. Couldn't/wouldn't be gamed? Seems challenging to me.
I think you can probably boil impact down to several key metrics: 1) How many people are affected by the work of this agency 2) How quickly are peoples' needs handled on average 3) How pleased are people with the work of this agency I think you could trivially measure each of those.
Re: MIT team’s school-bus algorithm could save $5M and 1M bus miles
#106Earlier quoted context omitted.
> citizen impact per employee. Do you think it would actually possible to quantify this in a way that: 1. Accurately represented "reality"? 2. Couldn't/wouldn't be gamed? Seems challenging to me.
I think you can probably boil impact down to several key metrics: 1) How many people are affected by the work of this agency 2) How quickly are peoples' needs handled on average 3) How pleased are people with the work of this agency I think you could trivially measure each of those.
Re: MIT team’s school-bus algorithm could save $5M and 1M bus miles
#107Earlier quoted context omitted.
> citizen impact per employee. Do you think it would actually possible to quantify this in a way that: 1. Accurately represented "reality"? 2. Couldn't/wouldn't be gamed? Seems challenging to me.
I think you can probably boil impact down to several key metrics: 1) How many people are affected by the work of this agency 2) How quickly are peoples' needs handled on average 3) How pleased are people with the work of this agency I think you could trivially measure each of those.
Re: MIT team’s school-bus algorithm could save $5M and 1M bus miles
#108Earlier quoted context omitted.
Fascinating story. Thank you for sharing! How long did it take you to build this company from start to exit? What were some of the toughest moments you experienced? And what advice would you give to people who want to build their own companies in transportation/logistics fields? (I know - may not be exactly your area but there may be some cross-sector knowledge sharing at play here!).
I started it, unofficially, in 1991. The sale was finalized in late 2007. I started with loaned equipment from DEC, on an empty factory floor, with just myself and a fellow grad. He was a CS grad and we would later part peacefully. He never had ownership. My toughest moments were people related. I never took any fancy business course that taught me how to manage people. I tried to micromanage and had a hard time lett…
> Be in the right place, at the right time, with specific skills, and in a position to take risks.
You can't enter the industry but I can...So where would you start looking? Or do you think the 90s was a different environment where you could solve a problem on your own. Now to improve efficiency, do you need the support/funding of an established company?
Re: MIT team’s school-bus algorithm could save $5M and 1M bus miles
#109Earlier quoted context omitted.
I started it, unofficially, in 1991. The sale was finalized in late 2007. I started with loaned equipment from DEC, on an empty factory floor, with just myself and a fellow grad. He was a CS grad and we would later part peacefully. He never had ownership. My toughest moments were people related. I never took any fancy business course that taught me how to manage people. I tried to micromanage and had a hard time lett…
Great post, I appreciate contributions like these to the HN community. > Be in the right place, at the right time, with specific skills, and in a position to take risks. You can't enter the industry but I can... So where would you start looking? Or do you think the 90s was a different environment where you could solve a problem on your own. Now to improve efficiency, do you need the support/funding of an established…
Re: MIT team’s school-bus algorithm could save $5M and 1M bus miles
#110Earlier quoted context omitted.
This is really interesting! Thanks for sharing. Is the vehicular traffic data you're referring to at the state level (i.e. do individual states report on it)? Or is it available for all states? And can anyone access it or is it only free for academic licenses?
Various States will have varied rules, but it is generally free. The Feds will also have stats for interstate routes. In my case, the data was existent. I'd later collect data. Data is not just throughout, but even contains data from things like a reflectometer, sign frequency, and adjustments for specific locations. The data collected is, for this sort of thing, paid for by the municipality and can be examined at yo…