Study on the Stability of Supply Chain System Based on Production Decision

Abstract:

With the global and integrated development of economy and intense market competition, the competition between enterprises has become the competition between supply chains. Besides, the lean and agile development has made supply chain more unstable. As a result, the stability of supply chain is becoming especially important. The study of stability theory provides a new way in the study of supply chain stability. In this paper, an integrated supply chain model, whose core is manufacturing enterprise, is established based on Cobb-Douglas production function, then its stability is judged by Lyapunov exponent criteria to get the range of key index, the input funding of re-production, which can provide decision-making reference for manufacturing enterprise.

• Periodical: Applied Mechanics and Materials (Volumes 635-637)
• Pages: 1789-1793
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.635-637.1789
• Online since: September 2014
• Authors: Gao Qin Zong*, Shou Wen Ji
• Keywords: Cobb-Douglas Production Function, Dynamic Supply Chain Model, Lyapunov Exponent Criteria, Stability of Supply Chain

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