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| Complex Analysis and Chaos Control of a Closed-Loop Supply Chain Based on New and Old Products Price Difference |
| CHEN Bin, MA Junhai
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| Department of management and economy, Tianjin University, Tianjin 300072, China |
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Abstract The model assumes that new and remanufactured products have different market prices, based on this we established the dynamic decision model between the manufacturer and the recyclers; using numerical simulation, bifurcation diagram, maximum Lyapunov index dynamic variation diagram and attractor to study the complexity character of the system; analyzing the initial value sensitivity of the system; and at last we controlled the chaos of the system successfully. The conclusions that chaos reduces profit remarkably and chaos can be controlled have useful guiding significance.
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Received: 01 July 2013
Published: 22 June 2026
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