Dynamic Matching in Cloud Manufacturing considering Matching Costs

As a service-oriented business platform model, the nature of cloud manufacturing is to realise the manufacturing resources’ sharing, which will largely benefit resources supplier, resources demander, and platform operator. However, it also faces some new problems. One of the most critical issues is...

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Main Authors: Qi Chen, Qi Xu, Cui Wu
Format: Article
Language:English
Published: Wiley 2019-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2019/8398356
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author Qi Chen
Qi Xu
Cui Wu
author_facet Qi Chen
Qi Xu
Cui Wu
author_sort Qi Chen
collection DOAJ
description As a service-oriented business platform model, the nature of cloud manufacturing is to realise the manufacturing resources’ sharing, which will largely benefit resources supplier, resources demander, and platform operator. However, it also faces some new problems. One of the most critical issues is how to dynamically match resources of supply and demand to maximise profits of all parties while considering matching costs. This paper investigates the resources’ dynamic matching in a manufacturing supply chain that operates under a cost-sharing contract and consists of two independent and competing manufacturers and a resource-service platform. We first use differential equation to model the evolution of resource-sharing and capture the effect of matching service efforts on market demand. Next, we study the optimal matching strategies by a two-stage differential game based on the dynamic control approach. Then, we design a cost-sharing contract to coordinate and improve the supply chain’s performance. Finally, a numerical example is provided to illustrate the impact of platform transaction fees and matching costs on the feasible region of the corresponding contract.
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spelling doaj-art-bd9ec148187042ff936096682d5efef52025-08-20T03:23:34ZengWileyComplexity1076-27871099-05262019-01-01201910.1155/2019/83983568398356Dynamic Matching in Cloud Manufacturing considering Matching CostsQi Chen0Qi Xu1Cui Wu2Glorious Sun School of Business and Management, Donghua University, Shanghai 200051, ChinaGlorious Sun School of Business and Management, Donghua University, Shanghai 200051, ChinaGlorious Sun School of Business and Management, Donghua University, Shanghai 200051, ChinaAs a service-oriented business platform model, the nature of cloud manufacturing is to realise the manufacturing resources’ sharing, which will largely benefit resources supplier, resources demander, and platform operator. However, it also faces some new problems. One of the most critical issues is how to dynamically match resources of supply and demand to maximise profits of all parties while considering matching costs. This paper investigates the resources’ dynamic matching in a manufacturing supply chain that operates under a cost-sharing contract and consists of two independent and competing manufacturers and a resource-service platform. We first use differential equation to model the evolution of resource-sharing and capture the effect of matching service efforts on market demand. Next, we study the optimal matching strategies by a two-stage differential game based on the dynamic control approach. Then, we design a cost-sharing contract to coordinate and improve the supply chain’s performance. Finally, a numerical example is provided to illustrate the impact of platform transaction fees and matching costs on the feasible region of the corresponding contract.http://dx.doi.org/10.1155/2019/8398356
spellingShingle Qi Chen
Qi Xu
Cui Wu
Dynamic Matching in Cloud Manufacturing considering Matching Costs
Complexity
title Dynamic Matching in Cloud Manufacturing considering Matching Costs
title_full Dynamic Matching in Cloud Manufacturing considering Matching Costs
title_fullStr Dynamic Matching in Cloud Manufacturing considering Matching Costs
title_full_unstemmed Dynamic Matching in Cloud Manufacturing considering Matching Costs
title_short Dynamic Matching in Cloud Manufacturing considering Matching Costs
title_sort dynamic matching in cloud manufacturing considering matching costs
url http://dx.doi.org/10.1155/2019/8398356
work_keys_str_mv AT qichen dynamicmatchingincloudmanufacturingconsideringmatchingcosts
AT qixu dynamicmatchingincloudmanufacturingconsideringmatchingcosts
AT cuiwu dynamicmatchingincloudmanufacturingconsideringmatchingcosts