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Study on the utility model and utility equilibrium of resource service transaction in cloud manufacturing

  • Beijing Institute of Technology
  • Wuhan University of Technology
  • University of Michigan, Dearborn

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

Abstract

As a new service-oriented network manufacturing model, cloud manufacturing (CMfg) can accelerate the transformation from production-oriented to service-oriented manufacturing. Study of resource service transaction (RST) is one of the key issues that deciding the practical application of CMfg. In this study, the comprehensive utility models considered the revenue, time, and reliability for the three sides, i.e., resource service provider (RSP), resource service demander (RSD), and resource service agent (Agent) in the RST process in CMfg under the decentralized decision-making condition are first established, respectively. Then the comprehensive utility model for the RST chain (RSTC) of "multiple RSP-one Agent-multiple RSD" under the centralized decision-making condition is proposed and discussed. The existence of utility equilibriums between RSP and Agent, Agent and RSD are proved in the optimal decision of the RSTC under the decentralized decision-making condition.

Original languageEnglish
Title of host publicationIEEM2010 - IEEE International Conference on Industrial Engineering and Engineering Management
Pages2298-2302
Number of pages5
DOIs
StatePublished - 2010
EventIEEE International Conference on Industrial Engineering and Engineering Management, IEEM2010 - Macao, China
Duration: 7 Dec 201010 Dec 2010

Publication series

NameIEEM2010 - IEEE International Conference on Industrial Engineering and Engineering Management

Conference

ConferenceIEEE International Conference on Industrial Engineering and Engineering Management, IEEM2010
Country/TerritoryChina
CityMacao
Period7/12/1010/12/10

Keywords

  • Cloud manufacturing (CMfg)
  • Resource service transaction (RST)
  • Utility equilibrium
  • Utility model

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