Simulation and Analysis of the Complex Dynamic Behavior of Supply Chain Inventory System from Different Decision Perspectives

Based on the local decision perspective and the global decision perspective, considering the limitation of supply capacity and prohibiting returns, the system dynamics method is used to establish a nonlinear supply chain system model. We use the Z-transform theory to transform the dynamic transfer e...

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Main Authors: Zusheng Zhang, Xu Wang, Shanshan Yang, Yingbo Wu, Jianhui Du
Format: Article
Language:English
Published: Wiley 2020-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2020/7393848
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author Zusheng Zhang
Xu Wang
Shanshan Yang
Yingbo Wu
Jianhui Du
author_facet Zusheng Zhang
Xu Wang
Shanshan Yang
Yingbo Wu
Jianhui Du
author_sort Zusheng Zhang
collection DOAJ
description Based on the local decision perspective and the global decision perspective, considering the limitation of supply capacity and prohibiting returns, the system dynamics method is used to establish a nonlinear supply chain system model. We use the Z-transform theory to transform the dynamic transfer equation into a block diagram, build a supply chain system simulation model, and use it to conduct simulation experiments. The Wolf reconstruction method is used to calculate the largest Lyapunov exponent (LLE) value of each node or combined system to judge the stability of the system. Based on different decision-making perspectives, under different combinations of safety stock factors and demand scenarios, the adjustment coefficients’ decision-making schemes that keep each node in a stable state are obtained. Then, we comparatively analyze the inventory changes of each node and combined system in a stable state under different decision-making schemes.
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institution OA Journals
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language English
publishDate 2020-01-01
publisher Wiley
record_format Article
series Complexity
spelling doaj-art-8d5a73a551094107b8044ec6f2eac6e22025-08-20T02:09:35ZengWileyComplexity1076-27871099-05262020-01-01202010.1155/2020/73938487393848Simulation and Analysis of the Complex Dynamic Behavior of Supply Chain Inventory System from Different Decision PerspectivesZusheng Zhang0Xu Wang1Shanshan Yang2Yingbo Wu3Jianhui Du4College of Mechanical Engineering, Chongqing University, Chongqing, ChinaCollege of Mechanical Engineering, Chongqing University, Chongqing, ChinaSchool of Economics and Business Administration, Chongqing University, Chongqing, ChinaSchool of Big Data & Software Engineering, Chongqing University, Chongqing, ChinaCollege of Mechanical Engineering, Chongqing University, Chongqing, ChinaBased on the local decision perspective and the global decision perspective, considering the limitation of supply capacity and prohibiting returns, the system dynamics method is used to establish a nonlinear supply chain system model. We use the Z-transform theory to transform the dynamic transfer equation into a block diagram, build a supply chain system simulation model, and use it to conduct simulation experiments. The Wolf reconstruction method is used to calculate the largest Lyapunov exponent (LLE) value of each node or combined system to judge the stability of the system. Based on different decision-making perspectives, under different combinations of safety stock factors and demand scenarios, the adjustment coefficients’ decision-making schemes that keep each node in a stable state are obtained. Then, we comparatively analyze the inventory changes of each node and combined system in a stable state under different decision-making schemes.http://dx.doi.org/10.1155/2020/7393848
spellingShingle Zusheng Zhang
Xu Wang
Shanshan Yang
Yingbo Wu
Jianhui Du
Simulation and Analysis of the Complex Dynamic Behavior of Supply Chain Inventory System from Different Decision Perspectives
Complexity
title Simulation and Analysis of the Complex Dynamic Behavior of Supply Chain Inventory System from Different Decision Perspectives
title_full Simulation and Analysis of the Complex Dynamic Behavior of Supply Chain Inventory System from Different Decision Perspectives
title_fullStr Simulation and Analysis of the Complex Dynamic Behavior of Supply Chain Inventory System from Different Decision Perspectives
title_full_unstemmed Simulation and Analysis of the Complex Dynamic Behavior of Supply Chain Inventory System from Different Decision Perspectives
title_short Simulation and Analysis of the Complex Dynamic Behavior of Supply Chain Inventory System from Different Decision Perspectives
title_sort simulation and analysis of the complex dynamic behavior of supply chain inventory system from different decision perspectives
url http://dx.doi.org/10.1155/2020/7393848
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