An efficient revenue distribution method in a cyber-enabled manufacturing system Academic Article

abstract

• 2018 Considering a group of suppliers fulfilling the orders in an e-commerce platform, it is desirable for the platform operator to distribute the revenue in a way that the total net utilities of the platform and of each supplier are optimized. Based on the game theory, this paper presents a nonlinear revenue distribution rule to achieve Nash Equilibrium. Simulation studies show that, compared to the proportional and equal distribution rules, the proposed method yields the highest net utility for all. The present work demonstrates an approach to promoting broader participation of manufacturing activities in an internet-based platform enabled by cyber infrastructure.

authors

• Hou, I-Hong
• Leon, Victor
• Ray, Korok
• Wang, Jyhwen

published proceedings

• Manufacturing Letters

author list (cited authors)

• Zhao, T., Hou, I., Leon, V. J., Ray, K., & Wang, J.

citation count

• 0

complete list of authors

• Zhao, Tao||Hou, I-Hong||Leon, V Jorge||Ray, Korok||Wang, Jyhwen

publication date

• August 2018

publisher

• Elsevier  Publisher

keywords

• 9 Industry, Innovation And Infrastructure

Digital Object Identifier (DOI)

• 10.1016/j.mfglet.2018.06.001

start page

• 19

end page

• 22

volume

• 17

URL

• http://dx.doi.org/10.1016/j.mfglet.2018.06.001

user-defined tag

• 9 Industry, Innovation and Infrastructure