Research on the Complexity and Chaos Control about a Closed-Loop Supply Chain with Dual-Channel Recycling and Uncertain Consumer Perception

According to game theory, chaotic dynamics theory, and complexity based on the literature review about the pricing strategy and recycling channels of the closed-loop supply chain, on the background of the widespread hybrid recycling channels in Chinese electronic products market, this paper builds a...

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Main Authors: Junhai Ma, Hao Ren, Miao Yu, Meihong Zhu
Format: Article
Language:English
Published: Hindawi-Wiley 2018-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2018/9853635
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spelling doaj-afe08adae1764bf6839958ccdb9e5a0b2020-11-25T01:55:14ZengHindawi-WileyComplexity1076-27871099-05262018-01-01201810.1155/2018/98536359853635Research on the Complexity and Chaos Control about a Closed-Loop Supply Chain with Dual-Channel Recycling and Uncertain Consumer PerceptionJunhai Ma0Hao Ren1Miao Yu2Meihong Zhu3College of Management and Economics, Tianjin University, Tianjin 300072, ChinaCollege of Management and Economics, Tianjin University, Tianjin 300072, ChinaCollege of Management and Economics, Tianjin University, Tianjin 300072, ChinaCollege of Management and Economics, Tianjin University, Tianjin 300072, ChinaAccording to game theory, chaotic dynamics theory, and complexity based on the literature review about the pricing strategy and recycling channels of the closed-loop supply chain, on the background of the widespread hybrid recycling channels in Chinese electronic products market, this paper builds a closed-loop supply chain model with dual-channel recycling composed of one manufacturer and one third-party. We assume that the consumer perception towards the remanufacturing products is uncertain and limited. We carry on theoretical analysis of this model and perform numerical simulations from the perspective of entropy theory. Results show that a precipitous speed of recycling price adjustment of the manufacturer or the third-party will both lead the system into a chaotic state and cause the entropy of the system to increase. The system is sensitive to initial conditions in this chaotic condition. Focusing on the harmful effects of chaotic system, we introduce adjustment parameter to efficiently control the chaos. The results have a strong reference value to practical problems, so it has a great value in both theory and application.http://dx.doi.org/10.1155/2018/9853635
collection DOAJ
language English
format Article
sources DOAJ
author Junhai Ma
Hao Ren
Miao Yu
Meihong Zhu
spellingShingle Junhai Ma
Hao Ren
Miao Yu
Meihong Zhu
Research on the Complexity and Chaos Control about a Closed-Loop Supply Chain with Dual-Channel Recycling and Uncertain Consumer Perception
Complexity
author_facet Junhai Ma
Hao Ren
Miao Yu
Meihong Zhu
author_sort Junhai Ma
title Research on the Complexity and Chaos Control about a Closed-Loop Supply Chain with Dual-Channel Recycling and Uncertain Consumer Perception
title_short Research on the Complexity and Chaos Control about a Closed-Loop Supply Chain with Dual-Channel Recycling and Uncertain Consumer Perception
title_full Research on the Complexity and Chaos Control about a Closed-Loop Supply Chain with Dual-Channel Recycling and Uncertain Consumer Perception
title_fullStr Research on the Complexity and Chaos Control about a Closed-Loop Supply Chain with Dual-Channel Recycling and Uncertain Consumer Perception
title_full_unstemmed Research on the Complexity and Chaos Control about a Closed-Loop Supply Chain with Dual-Channel Recycling and Uncertain Consumer Perception
title_sort research on the complexity and chaos control about a closed-loop supply chain with dual-channel recycling and uncertain consumer perception
publisher Hindawi-Wiley
series Complexity
issn 1076-2787
1099-0526
publishDate 2018-01-01
description According to game theory, chaotic dynamics theory, and complexity based on the literature review about the pricing strategy and recycling channels of the closed-loop supply chain, on the background of the widespread hybrid recycling channels in Chinese electronic products market, this paper builds a closed-loop supply chain model with dual-channel recycling composed of one manufacturer and one third-party. We assume that the consumer perception towards the remanufacturing products is uncertain and limited. We carry on theoretical analysis of this model and perform numerical simulations from the perspective of entropy theory. Results show that a precipitous speed of recycling price adjustment of the manufacturer or the third-party will both lead the system into a chaotic state and cause the entropy of the system to increase. The system is sensitive to initial conditions in this chaotic condition. Focusing on the harmful effects of chaotic system, we introduce adjustment parameter to efficiently control the chaos. The results have a strong reference value to practical problems, so it has a great value in both theory and application.
url http://dx.doi.org/10.1155/2018/9853635
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