Dynamic Model of Supply Chain Competition with Resource Allocation
Shidi Miao
Abstract
Shidi Miao
Abstract
Based on the economic background of supply chains competition,this paper studies a competition model of supply chain with heterogeneous supply network structure.Pulled by the market demand,supply chains strive to develop optimal strategies in terms of production process integration,resources allocation in maximizing their profit.Firstly,under the assumption of limited resources and homogeneous products,the model of supply chain competition is illustrated by the definition of market chains.And then,the theory of projected dynamical systems is used to establish the dynamic model of supply chain competition,which is able to depict the behavior of these supply chains.Furthermore,the stability of the dynamic model under the monotonic condition is also analyzed.Finally,a numerical example is given to show the rationality of this model.
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Based on the economic background of supply chains competition,this paper studies a competition model of supply chain with heterogeneous supply network structure.Pulled by the market demand,supply chains strive to develop optimal strategies in terms of production process integration,resources allocation in maximizing their profit.Firstly,under the assumption of limited resources and homogeneous products,the model of supply chain competition is illustrated by the definition of market chains.And then,the theory of projected dynamical systems is used to establish the dynamic model of supply chain competition,which is able to depict the behavior of these supply chains.Furthermore,the stability of the dynamic model under the monotonic condition is also analyzed.Finally,a numerical example is given to show the rationality of this model.
Key concepts: Supply chain, Competition (biology), Profit (economics), Competition model, Microeconomics, Economics, Supply and demand, Rationality