Market-based strategic procurement planning in convergent supply networks

dc.contributor.authorOpadiji, Jayeola
dc.contributor.authorKaihara, Toshiya
dc.date.accessioned2019-06-03T08:19:03Z
dc.date.available2019-06-03T08:19:03Z
dc.date.issued2009
dc.description.abstractConvergent manufacturing supply networks facilitate the flow of complementary resources which make the application of competitive equilibrium algorithms difficult. In this work, we present a market-based decentralized approach which uses a market-oriented programming algorithm to obtain Pareto-optimal allocation of resources traded among agents which represent enterprise units in a supply network. It is assumed that every enterprise have unique preferences for suppliers in the markets in which they trade. Description of enterprise agents and the interaction protocol used to generate procurement plans for the enterprise units are presented.en_US
dc.identifier.urihttp://hdl.handle.net/123456789/2030
dc.language.isoenen_US
dc.publisherInstitute of Systems, Control and Information Engineers, Japan.en_US
dc.relation.ispartofseriesVolume 22 Number 2;
dc.subjectProduction Planningen_US
dc.subjectConvergent Supply Networksen_US
dc.subjectMarket-oriented Programmingen_US
dc.titleMarket-based strategic procurement planning in convergent supply networksen_US
dc.typeArticleen_US

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