{"title":"A Petri net extended with stochastic priced transition","authors":"Xianming Liu, Shixian Li, Yue Jiang","doi":"10.1109/ICEBE.2005.14","DOIUrl":null,"url":null,"abstract":"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","PeriodicalId":118472,"journal":{"name":"IEEE International Conference on e-Business Engineering (ICEBE'05)","volume":"76 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2005-10-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"5","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"IEEE International Conference on e-Business Engineering (ICEBE'05)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/ICEBE.2005.14","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 5
Abstract
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