The Pareto Frontier for Vehicle Fleet Purchases - Cost versus Sustainability

Abstract

Vehicle fleets for large corporations can have thousands of vehicles that are replaced between every few months and every few years. With the emergence of hybrid, plug-in hybrid, and other new vehicle technologies, combined with an increasing focus on sustainability, planning fleet purchases has and continues to become a significantly more complicated undertaking. This paper introduces Ford’s Fleet Purchase Planner system designed to present fleet customers with optimal purchase strategies that incorporate their companies’ cost and sustainability considerations.