Title :
A constructional DDM model for risk management of Virtual Enterprise
Author :
Sun, Zianli ; Huang, Min ; Lu, Fuqiang ; Wang, Xingwei
Abstract :
To guarantee the profit, virtual enterprise (VE) has to manage its risk effectively. Due to VEpsilas distributed characteristics, such as the diversity of members and distribution of cooperative regions, we introduce a distributed decision making (DDM) model for risk management of VE. In detail, we propose a constructional DDM model, which focuses on the situation of team or enforced team relationship between partners of VE. A taboo search (TS) algorithm is designed to solve the model. Numerical examples are given to illustrate the effectiveness of the model and the proposed algorithm.
Keywords :
distributed decision making; risk management; search problems; virtual enterprises; constructional DDM model; distributed decision making model; risk management; taboo search algorithm; virtual enterprise; Distributed decision making; Investments; Risk management; Virtual enterprises; Distributed Decision Making; Risk Management; Synthetic Evaluation; Taboo Search; Virtual Enterprise;
Conference_Titel :
Control and Decision Conference, 2008. CCDC 2008. Chinese
Conference_Location :
Yantai, Shandong
Print_ISBN :
978-1-4244-1733-9
Electronic_ISBN :
978-1-4244-1734-6
DOI :
10.1109/CCDC.2008.4597898
