Coordination of Just-in-Time Deliveries with Multi-attribute Auctions

Publication Type
Contribution to conference
Authors
Hubl, M.; Mueller, M.; Merkert, J.
Year of publication
2015
Published in
Proceedings of the 12th International Conference on Wirtschaftsinformatik (WI 2015)
Page (from - to)
91-105
Conference name
12th International Conference on Wirtschaftsinformatik (WI 2015)
Conference location
Osnabrück
Conference date
04.-06.03.2015
Abstract

Just-in-time deliveries are crucial for many industries. They are particularly essential when the properties of the delivered resource or the demanding processes are sensitive in time. Rigid, centralized planning tends to fail, especially in dynamic environments with distributed decisions and control. Under the  constraints  of  distributed decisions  and  control,  auctions promise  an efficient allocation of resources. However, a dedicated design of auctions for just-in-time deliveries, which can be incorporated into the design of an IT artifact, is still lacking. We contribute a linear and a quadratic multi-attribute scoring rule for an automated execution by software. We evaluate the artifact in a simulation experiment and reveal the effects of the scoring rules for just-in-time deliveries. Our results provide evidence that the artifact effectively coordinates just-in-time deliveries, which also holds when considering one additional side constraint.

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