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Dynamic Optimization for IPS2 Resource Allocation Based on Improved Fuzzy Multiple Linear Regression

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  • Maokuan Zheng
  • Xinguo Ming
  • Guoming Li

Abstract

The study mainly focuses on resource allocation optimization for industrial product-service systems (IPS2). The development of IPS2 leads to sustainable economy by introducing cooperative mechanisms apart from commodity transaction. The randomness and fluctuation of service requests from customers lead to the volatility of IPS2 resource utilization ratio. Three basic rules for resource allocation optimization are put forward to improve system operation efficiency and cut unnecessary costs. An approach based on fuzzy multiple linear regression (FMLR) is developed, which integrates the strength and concision of multiple linear regression in data fitting and factor analysis and the merit of fuzzy theory in dealing with uncertain or vague problems, which helps reduce those costs caused by unnecessary resource transfer. The iteration mechanism is introduced in the FMLR algorithm to improve forecasting accuracy. A case study of human resource allocation optimization in construction machinery industry is implemented to test and verify the proposed model.

Suggested Citation

  • Maokuan Zheng & Xinguo Ming & Guoming Li, 2017. "Dynamic Optimization for IPS2 Resource Allocation Based on Improved Fuzzy Multiple Linear Regression," Mathematical Problems in Engineering, Hindawi, vol. 2017, pages 1-10, February.
  • Handle: RePEc:hin:jnlmpe:2839125
    DOI: 10.1155/2017/2839125
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