Our research is focused on the effects of the additionof procurement information (offer prices) to a sales-based economic regime model. This model is used for strategic, tactical, and operational decision making in dynamic supply chains. We evaluate the performance of the regime model through experiments with the MinneTAC trading agent, which competes in the TAC SCM game. The new regime model has an overall predictive performance which is equal to the performance of the existing model. Regime switches are predicted more accurately, whereas the prediction accuracy of dominant regimes does not improve. However, because procurement information has been added to the model, the model has been enriched, which gives new opportunities for applications in the procurement market, such as procurement reserve pricing.
|Title of host publication||Trading agent design and analysis|
|Publication status||Published - 2009|
|Event||IJCAI-09 Workshop on Trading Agent Design and Analysis (TADA-09), July 13, 2009, Pasadena, CA, USA - Pasadena, CA, United States|
Duration: 13 Jul 2009 → 13 Jul 2009
|Workshop||IJCAI-09 Workshop on Trading Agent Design and Analysis (TADA-09), July 13, 2009, Pasadena, CA, USA|
|Period||13/07/09 → 13/07/09|
|Other||Workshop at the 21st International Joint Conference on Artificial Intelligence (IJCAI-09)|