IEEE International Conference on e-Business Engineering (ICEBE'05) A Petri Net Extended With Stochastic Priced Transition Beijing, China October 12-October 18 ISBN: 0-7695-2430-3
DOI Bookmark: http://doi.ieeecomputersociety.org/10.1109/ICEBE.2005.14
The paper proposes a Petri net extended with stochastic priced transition and discusses the possible application domain of this new type of Petri net. Firstly we define stochastic priced Petri net (SPPN) by adding a stochastic price to transition. Then we use SPPN to establish the economic model for a simple business process and make profit analysis. Finally we draw a conclusion that using SPPN in business process modeling is feasible.
Index Terms:
Petri net, priced transition, business process modeling
Citation:
XianMing Liu, ShiXian Li, Yue Jiang, "A Petri Net Extended With Stochastic Priced Transition," icebe, pp.545-548, IEEE International Conference on e-Business Engineering (ICEBE'05), 2005 Usage of this product signifies your acceptance of the Terms of Use. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||