A fuzzy synthetic evaluation embedded tabu search for risk programming of virtual enterprises

Min Huang, W. H. Ip, Hongmei Yang, Xingwei Wang, Henry C. W. Lau

    Research output: Contribution to journalArticlepeer-review

    36 Citations (Scopus)

    Abstract

    Virtual enterprises (VEs) are essential components of global manufacturing. Minimizing risk is the key problems to overcome in order to ensure the success of a VE. The operation of VE is always organized by project mode and there are many uncertain factors that are fuzzy in VE. This paper focuses on these two main features of VE. It establishes the fuzzy synthetic evaluation embedded nonlinear integer programming model of risk programming for virtual enterprises and presents a tabu search algorithm with an embedded fuzzy synthetic evaluation for the model. A simulation study suggests that the method is effective.
    Original languageEnglish
    Pages (from-to)104-114
    Number of pages11
    JournalInternational Journal of Production Economics
    Volume116
    Issue number1
    DOIs
    Publication statusPublished - 2008

    Keywords

    • engineering economy
    • production management

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