Title :
A New Strategic Partnerships Method for Virtual Enterprise Based on PSO
Author_Institution :
Econ. Manage. Dept., Dezhou Univ., Dezhou, China
Abstract :
The strategic partnerships and optimization problem is an important area of virtual enterprise. The model of strategic partnerships is analyzed in this paper. In a virtual enterprise, the whole task can be accomplished by the cooperation among those candidate partners. The optimal objective is to minimize the total cost and completing time. To improve the searching performance for particle swarm optimization (PSO), and satisfy the optimal target, a discrete PSO (DPSO) algorithm is presented and applied to solve the strategic partnerships problem of virtual enterprise. In DPSO, each particle represents a candidate solution, and its component takes an integer number between 1 and the number of alternative enterprises of the certain sub-task. A series of experiments are performed and the simulation results are compared with the genetic algorithm (GA) to show the efficiency of the proposed DPSO algorithm. Moreover, the results obtained through the DPSO can be confirmed by the method of exhaustion.
Keywords :
cost reduction; particle swarm optimisation; search problems; strategic planning; virtual enterprises; candidate solution; discrete PSO; particle swarm optimization; searching performance; strategic partnership method; total cost minimisation; virtual enterprise; Biological information theory; Biological system modeling; Birds; Conference management; Cost function; Engineering management; Genetic algorithms; Optimization methods; Particle swarm optimization; Virtual enterprises; PSO; Strategic Partnership; Virtual Enterprise;
Conference_Titel :
Services Science, Management and Engineering, 2009. SSME '09. IITA International Conference on
Conference_Location :
Zhangjiajie
Print_ISBN :
978-0-7695-3729-0
DOI :
10.1109/SSME.2009.48