Dynamics Analysis and Fractional-Order Approximate Entropy of Nonlinear Inventory Management Systems

Inventory management is complex nonlinear systems that are affected by various external factors, including course human action and policy. We study the inventory management model under special circumstances and analyse the equilibrium point of the system. The dynamics of the system is analysed by me...

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Bibliographic Details
Published inMathematical problems in engineering Vol. 2021; pp. 1 - 8
Main Authors Lei, Tengfei, Li, Rita Yi Man, Fu, Haiyan
Format Journal Article
LanguageEnglish
Published New York Hindawi 2021
John Wiley & Sons, Inc
Subjects
Algorithms
Bifurcations
Calculus
Chaos theory
Customers
Eigenvalues
Entropy
Fractional calculus
Inventory
Inventory management
Liapunov exponents
Management systems
Nonlinear systems
Sales
Strategic management
Time series
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ISSN1024-123X
1026-7077
1563-5147
1563-5147
DOI10.1155/2021/5516703

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Summary:Inventory management is complex nonlinear systems that are affected by various external factors, including course human action and policy. We study the inventory management model under special circumstances and analyse the equilibrium point of the system. The dynamics of the system is analysed by means of the eigenvalue trajectory, bifurcations, chaotic attractor, and largest Lyapunov exponent diagram. At the same time, according to the definition of fractional calculus, the fractional approximate entropy is used to analyse the system, and the results are consistent with those of the largest Lyapunov exponent diagram, which shows the effectiveness of this method.
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ISSN:1024-123X
1026-7077
1563-5147
1563-5147
DOI:10.1155/2021/5516703