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Resource allocation based on prospect theory in cloud manufacturing environment

  • Wei He*
  • , Shichao Luan
  • , Guozhu Jia
  • , Hengshan Zong
  • *Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

In cloud manufacturing (CMfg) environment, a wide range of manufacturing resources are integrated through the network, to provide customers services with high-quality and low-cost safely and reliably. The problem of resource allocation in cloud manufacturing environment is the combination optimization problem of manufacturing tasks to resource providers. Considering the expectations of different customers, we have proposed an integer non-linear programming model based on prospect theory. An improved genetic algorithm has been put forward to solve the model. Moreover the results of the numerical examples show the effectiveness of the approach proposed in this paper in terms of the quality of solution.

Original languageEnglish
Title of host publication2017 International Conference on Computer Systems, Electronics and Control, ICCSEC 2017
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages1329-1332
Number of pages4
ISBN (Print)9781538635735
DOIs
StatePublished - 24 Aug 2018
Event2017 International Conference on Computer Systems, Electronics and Control, ICCSEC 2017 - Dalian, China
Duration: 25 Dec 201727 Dec 2017

Publication series

Name2017 International Conference on Computer Systems, Electronics and Control, ICCSEC 2017

Conference

Conference2017 International Conference on Computer Systems, Electronics and Control, ICCSEC 2017
Country/TerritoryChina
CityDalian
Period25/12/1727/12/17

Keywords

  • Cloud manufacturing
  • Genetic algorithm
  • Prospect theory
  • Resource allocation

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