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A Petri Net Extended With Stochastic Priced Transition
Beijing, China October 12-October 18
DOI Bookmark: http://doi.ieeecomputersociety.org/10.1109/ICEBE.2005.14IEEE International Conference on e-Bu ...
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XianMing Liu, Sun Yat-Sen University
ShiXian Li, Sun Yat-Sen University
Yue Jiang, Guilin University of Electronic Technolo

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
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