DocumentCode :
564833
Title :
Optimal composition of virtual enterprises with interval cost parameters
Author :
Mohamed, Amany M. ; Abdelsalam, Hisham M.
Author_Institution :
Decision Support & Future Studies Center, Cairo Univ., Cairo, Egypt
fYear :
2012
fDate :
14-16 May 2012
Abstract :
Virtual Enterprise (VE) is a temporary alliance of separate enterprises created to act together to share core competencies and resources in order to respond to market requirements of high quality, low cost, customer satisfaction, and quick responsiveness. The composition of virtual enterprises, which includes the selection of partners, is a vital issue that affects the success of VEs. This paper focuses on the solution procedure of the multi-objective partner selection problem in virtual enterprises where the cost coefficients are expressed as interval values by the decision maker. The paper uses a multi-objective algorithm, namely Pareto Simulated Annealing (PSA), and results showed improved values of the Pareto set as the iterations advances to get closer to each other until forming the final well-distributed Pareto front.
Keywords :
Pareto optimisation; costing; customer satisfaction; decision making; simulated annealing; virtual enterprises; PSA; Pareto simulated annealing; VE; core competencies; customer satisfaction; decision maker; high quality requirements; interval cost parameters; market requirements; multiobjective algorithm; multiobjective partner selection problem; optimal composition; quick responsiveness; virtual enterprises; Companies; Cooling; Educational institutions; Informatics; Simulated annealing; Virtual enterprises;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Informatics and Systems (INFOS), 2012 8th International Conference on
Conference_Location :
Cairo
Print_ISBN :
978-1-4673-0828-1
Type :
conf
Filename :
6236548
Link To Document :
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