Title :
A Preliminary Experimental Analysis on Combinatorial Auction-Based Electric Power Allocation for Manufacturing Industries
Author :
Fukuta, Naoki ; Ito, Takao
Author_Institution :
Fac. of Inf., Shizuoka Univ., Shizuoka, Japan
Abstract :
In this paper, we discuss about a preliminary idea and an analysis about a dynamic electric power auction for manufacturing industries. We present a preliminary idea about applying multi-unit combinatorial auctions to an electric power allocation problem that considers guaranteeing stable continuous use of the supplied power in industrial manufacturers. We try to illustrate how such a mechanism can be applied to actual electric power allocation problems when we consider the situation that each manufacturing factories produce bids based on their own plans of production and the use of electricity in a day, guaranteeing stable continuous use of them. An approximation mechanism has been applied for a large-scale auction problem to overcome its computational intractability. We discuss about a possible performance based on our proposed evaluation dataset which consider actual power use scenarios in industrial factories.
Keywords :
electronic commerce; manufacturing industries; approximation mechanism; combinatorial auction-based electric power allocation; computational intractability; dynamic electric power auction; evaluation dataset; industrial factories; large-scale auction problem; manufacturing industries; multiunit combinatorial auctions; preliminary experimental analysis; algorithm; approximation; auction;
Conference_Titel :
Web Intelligence and Intelligent Agent Technology (WI-IAT), 2012 IEEE/WIC/ACM International Conferences on
Conference_Location :
Macau
Print_ISBN :
978-1-4673-6057-9
DOI :
10.1109/WI-IAT.2012.221