A Study on Distributed Resource Allocation by Using Market-Oriented Programming in Distribution System

Abstract

Product allocation management in manufacturing and distribution systems is conventionally based on manual operations and requires great time and efforts. Market mechanism solves the product distribution problem by allocating the scheduled resources according to market prices. We formulate manufacturing and distribution system models as a discrete resource allocation problem, and demonstrate the applicability of economic analysis to this framework. The proposed algorithm facilitates a sophisticated product allocation system, which conducts a Pareto optimal solution in the product allocation problem.