Value delivery in convergent supply network with mediating auctioneers

dc.contributor.author	Opadiji, Jayeola
dc.contributor.author	Kaihara, Toshiya
dc.date.accessioned	2019-06-03T08:31:31Z
dc.date.available	2019-06-03T08:31:31Z
dc.date.issued	2008
dc.identifier.uri	http://hdl.handle.net/123456789/2044
dc.description.abstract	Value delivery is the ultimate objective of every supply network. In this study, we propose a method of mitigating the effects of excessive competition in a convergent manufacturing supply network. Using an auction based protocol; market equilibrium is reached for a resource allocation problem within the network. In order to improve the quality of the solution obtained, a mediation method facilitated by network auctioneers is proposed. This method will allow an auctioneer to redistribute cost in its market in such a way as to improve throughput in that market which ultimately improves the throughput of the supply network.	en_US
dc.language.iso	en	en_US
dc.publisher	Society of Instrument and Control Engineers, Japan.	en_US
dc.subject	Value Delivery	en_US
dc.subject	Supply Network	en_US
dc.title	Value delivery in convergent supply network with mediating auctioneers	en_US
dc.type	Article	en_US