Utility Pricing Auction for Multi-Period Resource Allocation in Multi-Machine Flow Shop Problems

• Main Authors: LAU, Hoong Chuin, ZHAO, Zhengyi, Ge, Shuzhi Sam, LEE, T. H.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2008
• Subjects: Artificial Intelligence and Robotics; Business; Operations Research, Systems Engineering and Industrial Engineering
• Online Access: https://ink.library.smu.edu.sg/sis_research/358; http://dx.doi.org/10.1145/1409540.1409547
• Institution: Singapore Management University

In this paper, we consider a multi-machine multi-period resource allocation problem among multiple agents, each of which is responsible to solve a flowshop scheduling problem. We present an iterated combinatorial auction approach in which bid generation is performed within each agent, and the concep...