Stability and Complexity Analysis of a Dual-Channel Closed-Loop Supply Chain with Delayed Decision under Government Intervention

This paper constructs a continuous dual-channel closed-loop supply chain (DCLSC) model with delayed decision under government intervention. The existence conditions of the local stability of the equilibrium point are discussed. We analyze the influence of delay parameters, the adjustment speed of wh...

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Main Authors: Daoming Dai, Fengshan Si, Jing Wang
Format: Article
Language:English
Published: MDPI AG 2017-10-01
Series:Entropy
Subjects:
Online Access:https://www.mdpi.com/1099-4300/19/11/577
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author Daoming Dai
Fengshan Si
Jing Wang
author_facet Daoming Dai
Fengshan Si
Jing Wang
author_sort Daoming Dai
collection DOAJ
description This paper constructs a continuous dual-channel closed-loop supply chain (DCLSC) model with delayed decision under government intervention. The existence conditions of the local stability of the equilibrium point are discussed. We analyze the influence of delay parameters, the adjustment speed of wholesale price, recovery rate of waste products, direct price, carbon quota subsidy, and carbon tax on the stability and complexity of model by using bifurcation diagram, entropy diagram, attractor, and time series diagram and so on. Besides, the delay feedback control method is adopted to control the unstable or chaotic system effectively. The main conclusions of this paper show that the variables mentioned above must be within a reasonable range. Otherwise, the model will lose stability or enter chaos. The government can effectively adjust manufacturers' profit through carbon tax and carbon quota subsidy, and encourage manufacturers to reduce carbon emissions and increase the remanufacturing of waste products.
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spelling doaj.art-641ab75ea3a54ae6b6d523c22861b2612022-12-22T03:10:05ZengMDPI AGEntropy1099-43002017-10-01191157710.3390/e19110577e19110577Stability and Complexity Analysis of a Dual-Channel Closed-Loop Supply Chain with Delayed Decision under Government InterventionDaoming Dai0Fengshan Si1Jing Wang2School of Management Science and Engineering, Anhui University of Finance and Economics, Bengbu 233030, ChinaSchool of Management Science and Engineering, Anhui University of Finance and Economics, Bengbu 233030, ChinaFaculty of Science, Bengbu University, Bengbu 233030, ChinaThis paper constructs a continuous dual-channel closed-loop supply chain (DCLSC) model with delayed decision under government intervention. The existence conditions of the local stability of the equilibrium point are discussed. We analyze the influence of delay parameters, the adjustment speed of wholesale price, recovery rate of waste products, direct price, carbon quota subsidy, and carbon tax on the stability and complexity of model by using bifurcation diagram, entropy diagram, attractor, and time series diagram and so on. Besides, the delay feedback control method is adopted to control the unstable or chaotic system effectively. The main conclusions of this paper show that the variables mentioned above must be within a reasonable range. Otherwise, the model will lose stability or enter chaos. The government can effectively adjust manufacturers' profit through carbon tax and carbon quota subsidy, and encourage manufacturers to reduce carbon emissions and increase the remanufacturing of waste products.https://www.mdpi.com/1099-4300/19/11/577dual-channel closed-loop supply chaingovernment interventiondelayed decisionentropystabilitycomplexity
spellingShingle Daoming Dai
Fengshan Si
Jing Wang
Stability and Complexity Analysis of a Dual-Channel Closed-Loop Supply Chain with Delayed Decision under Government Intervention
Entropy
dual-channel closed-loop supply chain
government intervention
delayed decision
entropy
stability
complexity
title Stability and Complexity Analysis of a Dual-Channel Closed-Loop Supply Chain with Delayed Decision under Government Intervention
title_full Stability and Complexity Analysis of a Dual-Channel Closed-Loop Supply Chain with Delayed Decision under Government Intervention
title_fullStr Stability and Complexity Analysis of a Dual-Channel Closed-Loop Supply Chain with Delayed Decision under Government Intervention
title_full_unstemmed Stability and Complexity Analysis of a Dual-Channel Closed-Loop Supply Chain with Delayed Decision under Government Intervention
title_short Stability and Complexity Analysis of a Dual-Channel Closed-Loop Supply Chain with Delayed Decision under Government Intervention
title_sort stability and complexity analysis of a dual channel closed loop supply chain with delayed decision under government intervention
topic dual-channel closed-loop supply chain
government intervention
delayed decision
entropy
stability
complexity
url https://www.mdpi.com/1099-4300/19/11/577
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AT fengshansi stabilityandcomplexityanalysisofadualchannelclosedloopsupplychainwithdelayeddecisionundergovernmentintervention
AT jingwang stabilityandcomplexityanalysisofadualchannelclosedloopsupplychainwithdelayeddecisionundergovernmentintervention