Research On Manufacturing Grid Resource Pricing Strategy Based On The Option Contract

Manufacturing grid is the specific and in-depth application of the grid technology inmanufacturing industry, and in the manufacturing grid environment, manufacturing resources arein the form of grid services provided by the resource supply-sides to the resouece demand-sidesto use, and these resources or services are not free to use, which should have certain economicprices, to ensure the resource supply-sides join the manufacturing grid. Therefore, the resourcepricing problem is directly related to the long-term and reasonable development of themanufacturing grid. In view of the option features that manufacturing resources have under themanufacturing grid environment and the importance of resource reservation, this thesis builds aresource pricing model based on the option contract transaction theory, and discuss and study ontwo cases of a single resource and multi-resources respectively. The main research works are asfollows:1. Manufacturing grid resource transaction analysis. Analyse the market transaction modelsas well as the whole transaction process of the manufacturing grid resources, and focus on theanalysis of the resource reservation of the transaction process, and emphasize its importance andnecessity, then introduce the consideration of the reservation price.2. The option contract pricing model of a single resource. Analyse the basic applicationframework of the option contract, and build modle on the case of a single resource inmanufacturing grid: first from the perspective of the demand-sides, take their profitmaximization as the objective function, the execution amount of the option contract and theamount of resources purchased and used in the real-time market as constraints to buildprogramming model, derive their conditions of accepting the option contract and the optimalpurchasing quantities; then from the resource supply-side’s perspective, take the profitmaximization as the objective function, the demand-sides’ conditions of accepting the contract asconstraint to build programming model, and solve to get the optimal parameters of the optioncontract, i.e. the cost of purchasing and using the manufacturing resource.3. The option contract pricing model of multi-resources. According to the multi-resources’demand of a resource demand-side, consider the joint pricing problem of the resourcescombination: first discuss the discount problem of the manufacturing resources combination inthe real-time market, and build price discount model, which concludes the price discount factor of the resource combination, and find the preference degree of the resource demand-sidebetween independent resource and a combination of the resources mainly affects the pricediscount factor; after that, apply the price discount factor to the option contract model, and getthe overall price of the combination resources by the game between both sides of the resourcesupply and demand in their pespectives of profit maximization.4. The numerical examples of manufacturing grid resource option contract pricing models.The numerical examples are given to illustrate the use of the models, and from the perspective ofthe expected profits of both sides of supply and demand, investigate the effect on the overallefficiency of the grid environment when the option contract exists or not, and find that the optioncontract transaction helps to improve the overall efficiency of the grid environment, on this basis,its pricing strategy has certain advantages.