The Study of the Chaotic Behavior in Retailer's Demand Model
Based on the work of domestic and foreign scholars and the application of chaotic systems theory, this paper presents an investigation simulation of retailer's demand and stock. In simulation of the interaction, the behavior of the system exhibits deterministic chaos with consideration of syste...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Wiley
2008-01-01
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| Series: | Discrete Dynamics in Nature and Society |
| Online Access: | http://dx.doi.org/10.1155/2008/792031 |
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| _version_ | 1832567337692168192 |
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| author | Junhai Ma Yun Feng |
| author_facet | Junhai Ma Yun Feng |
| author_sort | Junhai Ma |
| collection | DOAJ |
| description | Based on the work of domestic and foreign scholars and the application of chaotic systems theory, this paper presents an investigation simulation of retailer's demand and stock. In simulation of the interaction, the behavior of the system exhibits deterministic chaos with consideration of system constraints. By the method of space's reconstruction, the maximal Lyapunov exponent of retailer's demand model was calculated. The result shows the model is chaotic. By the results of bifurcation diagram of model parameters 𝑘, 𝑟 and changing initial condition, the system can be led to chaos. |
| format | Article |
| id | doaj-art-cf5962de0ee6455d9c27ad487bee8ddf |
| institution | Kabale University |
| issn | 1026-0226 1607-887X |
| language | English |
| publishDate | 2008-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Discrete Dynamics in Nature and Society |
| spelling | doaj-art-cf5962de0ee6455d9c27ad487bee8ddf2025-02-03T01:01:49ZengWileyDiscrete Dynamics in Nature and Society1026-02261607-887X2008-01-01200810.1155/2008/792031792031The Study of the Chaotic Behavior in Retailer's Demand ModelJunhai Ma0Yun Feng1School of Management, Tianjin University, Tianjin 300072, ChinaSchool of Management, Tianjin University, Tianjin 300072, ChinaBased on the work of domestic and foreign scholars and the application of chaotic systems theory, this paper presents an investigation simulation of retailer's demand and stock. In simulation of the interaction, the behavior of the system exhibits deterministic chaos with consideration of system constraints. By the method of space's reconstruction, the maximal Lyapunov exponent of retailer's demand model was calculated. The result shows the model is chaotic. By the results of bifurcation diagram of model parameters 𝑘, 𝑟 and changing initial condition, the system can be led to chaos.http://dx.doi.org/10.1155/2008/792031 |
| spellingShingle | Junhai Ma Yun Feng The Study of the Chaotic Behavior in Retailer's Demand Model Discrete Dynamics in Nature and Society |
| title | The Study of the Chaotic Behavior in Retailer's Demand Model |
| title_full | The Study of the Chaotic Behavior in Retailer's Demand Model |
| title_fullStr | The Study of the Chaotic Behavior in Retailer's Demand Model |
| title_full_unstemmed | The Study of the Chaotic Behavior in Retailer's Demand Model |
| title_short | The Study of the Chaotic Behavior in Retailer's Demand Model |
| title_sort | study of the chaotic behavior in retailer s demand model |
| url | http://dx.doi.org/10.1155/2008/792031 |
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