Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1704347 | Applied Mathematical Modelling | 2013 | 12 Pages |
Abstract
A closed-loop supply chain is a complex system in which node enterprises play important roles and exert great influence. Firstly, this paper established a collecting price game model for a close-loop supply chain system with a manufacturer and a retailer who have different rationalities. It assumed that the node enterprises took the marginal utility maximization as the basis of decision-making. Secondly, through numerical simulation, we analyzed complex dynamic phenomena such as the bifurcation, chaos and continuous power spectrum and so on. Thirdly, we analyzed the influences of the system parameters; this further explained the complex nonlinear dynamics behavior from the perspective of economics. The results have significant theoretical and practical application value.
Related Topics
Physical Sciences and Engineering
Engineering
Computational Mechanics
Authors
Yuehong Guo, Junhai Ma,