Title
Multicriteria partner selection in virtual organizations with transportation costs and other network interdependencies
Abstract
In this correspondence, we study how the selection of partners in a virtual organization (VO) can be assisted through mixed-integer linear programming (MILP) models. Additionally to fixed and variable costs, we present extensions that accommodate transportation costs, capacity risk measures, and interorganizational dependencies such as the success of past collaboration. Experiences from a real case study indicate that these models are helpful in VO decision making; computational experiments suggest that the models are tractable. In general, the MILP models are potentially applicable to a variety of portfolio selection problems.
Year
DOI
Venue
2009
10.1109/TSMCC.2008.2007251
IEEE Transactions on Systems, Man, and Cybernetics, Part C
Keywords
Field
DocType
virtual organization,vo decision,portfolio selection problem,computational experiment,transportation cost,real case study,mixed-integer linear programming,capacity risk measure,past collaboration,present extension,network interdependency,milp model,interorganizational dependency,multicriteria partner selection,transportation,networks,investment,cost function,project management,integer programming,linear programming,collaboration
Project portfolio management,Computer science,Decision support system,Fixed cost,Operations research,Capacity planning,Risk management,Variable cost,Project management,Virtual organization
Journal
Volume
Issue
ISSN
39
1
1094-6977
Citations 
PageRank 
References 
3
0.40
11
Authors
2
Name
Order
Citations
PageRank
Toni Jarimo1192.55
Ahti Salo244534.14