A Study on Market-Oriented Programming with Due Date Utility

Abstract

Market mechanism solves the product distribution problem by allocating the scheduled resources according to market prices. Conventional market-oriented program never deals with due date utility in its nature, although that is one of the major factors in practical trading process. In this paper a new concept based on the market-oriented programming with two types of due date utilities of agents is proposed so as to facilitate a Pareto-optimal product allocation amongst various agents in resource allocation problems. Simulation results indicate the effectiveness of the proposed algorithm and detect further research subjects.