• DocumentCode
    1837972
  • Title

    Business Rules Elicitation Combining Markov Decision Process with DEMO Business Transaction Space

  • Author

    Guerreiro, Sergio

  • Author_Institution
    Escola de Comun., Artes, Arquitetura e Tecnol. da Informacao, Univ. Lusofona de Humanidades e Tecnol., Lisbon, Portugal
  • fYear
    2013
  • fDate
    15-18 July 2013
  • Firstpage
    13
  • Lastpage
    20
  • Abstract
    The resource shortage that organizations are actually facing requires innovative solutions to optimize their business transactions and to aid their decision-making processes. Business transaction models prescribe the design freedom restrictions for producing a new service or product, and are useful to share a common understanding between the stakeholders. The contemporary advances such as the DEMO theory and methodology present strong foundations to describe the business transaction model dynamics. Still, the models itself, do not guarantee that the business actors perform them accordingly during operation. The business rules are a coherent and consistent set of actionable directives intended to steer the enterprise operation. In this scope, we explain and simulate a decision-making process, using Markov decision processes, to elicit the business rules that optimize the value function of the business transactions operation. A preliminary experiment of producing and selling goods is used to illustrate the approach.
  • Keywords
    Markov processes; business data processing; decision making; decision theory; design engineering; innovation management; organisational aspects; DEMO business transaction space; Markov decision processes; business rules elicitation; business transaction model dynamics; business transaction models; business transaction optimization; decision-making processes; design freedom restrictions; enterprise operation; innovative solutions; organizations; value function; Aerospace electronics; Markov processes; Organizations; Process control; Production; Trajectory; Business transaction (BT); Markov decision process (MDP); Operation; Organization; Steer;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Business Informatics (CBI), 2013 IEEE 15th Conference on
  • Conference_Location
    Vienna
  • Type

    conf

  • DOI
    10.1109/CBI.2013.11
  • Filename
    6642852