An Intelligent Brokering System to Support Multi-Agent Web-Based 4th-Party Logistics

  • Authors:
  • Hoong Chuin Lau;Yam Guan Goh

  • Affiliations:
  • -;-

  • Venue:
  • ICTAI '02 Proceedings of the 14th IEEE International Conference on Tools with Artificial Intelligence
  • Year:
  • 2002

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Abstract

An intelligent agent-based framework that supports fourth-party logistics (4PL) operations on the web is proposed in this paper. In our system, customers specify job requests over the web dynamically. An eMarket Place allows intelligent third-party logistics (3PL) agents to bid for customers' job requests. The intelligence lies on the e-Market Place to optimally decide whichagents' bids should be satisfied based on a set of predetermined factors (pricing, preferences and fairness). We model the underlying brokering problem as a Set Packing Problem (SPP), which is an NP-hard optimization problem. An iterative greedy approximation algorithm is proposed to solve the SPP, and experimental results show its effectiveness against the classical greedy method proposed by Chvatal.