DEMO Enterprise Ontology (DEO);DEMO methodology;Co-creation Co-production

Co-creation and Co-production in production chains is the typical way of cooperation one observes in high value industrial production chains. The DEMO (Design Engineering Methodology for Organization) co-creation and co-production (CC-CP) model is based on the DEMO methodology and the DEMO Enterprise Ontology. This model enables modeling paired transactions applications. The paired transactions mean that the core of the application is formed by two different kinds of transactions, where one kind of transactions is in consideration of the other kind of transactions. This is the fundamental aspect of e.g. accountancy systems, or various applications that utilize a contract. The paper describes and explains the main features of this model and then shows the model’s application on a Rent-A-Car example. This is an example in which service (services) is exchanged for money. The paper also discusses various possibilities that the DEMO CC-CP model provides to properly capture modeling reality, and also mentions future research in this area.