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Complexity and Entropy Analysis of a Multi-Channel Supply Chain Considering Channel Cooperation and Service

In this paper, based on the background of channel cooperation and service of the supply chain, this paper constructs a Nash game model and a Stackeberg game model in the multi-channel supply chain considering an online-to-store channel (OSC). Based on maximizing the profits and the bounded rationali...

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Autores principales: Li, Qiuxiang, Chen, Xingli, Huang, Yimin
Formato: Online Artículo Texto
Lenguaje:English
Publicado: MDPI 2018
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7512569/
https://www.ncbi.nlm.nih.gov/pubmed/33266694
http://dx.doi.org/10.3390/e20120970
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author Li, Qiuxiang
Chen, Xingli
Huang, Yimin
author_facet Li, Qiuxiang
Chen, Xingli
Huang, Yimin
author_sort Li, Qiuxiang
collection PubMed
description In this paper, based on the background of channel cooperation and service of the supply chain, this paper constructs a Nash game model and a Stackeberg game model in the multi-channel supply chain considering an online-to-store channel (OSC). Based on maximizing the profits and the bounded rationality expectation rule (BRE), this paper builds a dynamic game model, respectively, and analyzes the stability of the equilibrium points by mathematical analysis and explores the influences of parameters on stability domain and entropy of the system by using bifurcation diagram, the entropy diagram, the largest Lyapunov exponent and the chaotic attractor etc. Besides, the influences of service level and profit distribution rate on system’s profit are discussed. The theoretical results show that the greater the service level and profit distribution rate are, the smaller the stability domain of the system is; the system will go into chaotic state and the system’s entropy will increase when operators adjust her/his price decision quickly; when the manufacturer or the retailer keeps service level in the appropriate value which is conducive to maximizing her/his profit; the manufacturer should carefully set the service level of OSC to ensure the system’s profit; in Nash game model, the stability of the system weakens than that in Stackelberg game model. Furthermore, this paper puts forward some suggestions to help the manufacturer and retailer in multi-channel supply chain to do the better decision.
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spelling pubmed-75125692020-11-09 Complexity and Entropy Analysis of a Multi-Channel Supply Chain Considering Channel Cooperation and Service Li, Qiuxiang Chen, Xingli Huang, Yimin Entropy (Basel) Article In this paper, based on the background of channel cooperation and service of the supply chain, this paper constructs a Nash game model and a Stackeberg game model in the multi-channel supply chain considering an online-to-store channel (OSC). Based on maximizing the profits and the bounded rationality expectation rule (BRE), this paper builds a dynamic game model, respectively, and analyzes the stability of the equilibrium points by mathematical analysis and explores the influences of parameters on stability domain and entropy of the system by using bifurcation diagram, the entropy diagram, the largest Lyapunov exponent and the chaotic attractor etc. Besides, the influences of service level and profit distribution rate on system’s profit are discussed. The theoretical results show that the greater the service level and profit distribution rate are, the smaller the stability domain of the system is; the system will go into chaotic state and the system’s entropy will increase when operators adjust her/his price decision quickly; when the manufacturer or the retailer keeps service level in the appropriate value which is conducive to maximizing her/his profit; the manufacturer should carefully set the service level of OSC to ensure the system’s profit; in Nash game model, the stability of the system weakens than that in Stackelberg game model. Furthermore, this paper puts forward some suggestions to help the manufacturer and retailer in multi-channel supply chain to do the better decision. MDPI 2018-12-14 /pmc/articles/PMC7512569/ /pubmed/33266694 http://dx.doi.org/10.3390/e20120970 Text en © 2018 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (http://creativecommons.org/licenses/by/4.0/).
spellingShingle Article
Li, Qiuxiang
Chen, Xingli
Huang, Yimin
Complexity and Entropy Analysis of a Multi-Channel Supply Chain Considering Channel Cooperation and Service
title Complexity and Entropy Analysis of a Multi-Channel Supply Chain Considering Channel Cooperation and Service
title_full Complexity and Entropy Analysis of a Multi-Channel Supply Chain Considering Channel Cooperation and Service
title_fullStr Complexity and Entropy Analysis of a Multi-Channel Supply Chain Considering Channel Cooperation and Service
title_full_unstemmed Complexity and Entropy Analysis of a Multi-Channel Supply Chain Considering Channel Cooperation and Service
title_short Complexity and Entropy Analysis of a Multi-Channel Supply Chain Considering Channel Cooperation and Service
title_sort complexity and entropy analysis of a multi-channel supply chain considering channel cooperation and service
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7512569/
https://www.ncbi.nlm.nih.gov/pubmed/33266694
http://dx.doi.org/10.3390/e20120970
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