Abstract
Nowadays, Virtual Enterprise (VE) is an important paradigm of business management in agile manufacturing environment. Clearly, there is a need for a mechanism through which these different functions can be integrated together. In this paper, we focus on negotiation process in VE formation to clarify its effective management. Each enterprise in VE is defined as agent with multi- utilities, and a framework of multi-agent programming with marketing science and N-person game theoretic approach is newly proposed as negotiation algorithm amongst the agents. We develop a computer simulation model to form VE through multiple negotiations amongst several potential members in the negotiation domain, and finally clarify the formation dynamism with the negotiation process.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
