Article
Innovation of Economic Management Risk Control in Retailer Supply Chain Based on Differential Equation Model
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Abstract
This paper constructs the state transition diagram of the retailer’s economic management risk control in the supply chain. At the same time, we construct the differential equation of the model. Based on the differential equation theory, we establish a dynamic equation model for product demand forecasting, which is suitable for the historical data of the retailer’s supply chain. At the same time, we use the two-party game model to determine the strategy choice of maximizing the income of a single enterprise in the secondary supply chain. The study finds that retailers can only maximize revenue through suboptimal order quantities when the financing limit has a substantially limiting effect.
Keywords
Differential equation model, Retailer supply chain, Economic management, Risk control, Ordering model, 34A07
Citation
Lu, Q., Muttar, A. K., & El-Kanj, N. (2022). Innovation of economic management risk control in retailer supply chain based on differential equation model. Applied Mathematics and Nonlinear Sciences, 7(2), 1057–1066. https://doi.org/10.2478/amns.2022.2.0090
Q. Lu, A. K. Muttar and N. El-Kanj, “Innovation of economic management risk control in retailer supply chain based on differential equation model,” Applied Mathematics and Nonlinear Sciences, vol. 7, no. 2, pp. 1057–1066, 2022, doi: 10.2478/amns.2022.2.0090.
Lu Q, Muttar AK, El-Kanj N. Innovation of economic management risk control in retailer supply chain based on differential equation model. Applied Mathematics and Nonlinear Sciences. 2022;7(2):1057–1066. doi:10.2478/amns.2022.2.0090.
Lu, Q., Muttar, A. K. and El-Kanj, N. (2022), ‘Innovation of economic management risk control in retailer supply chain based on differential equation model’, Applied Mathematics and Nonlinear Sciences, 7(2), pp. 1057–1066. Available at: https://doi.org/10.2478/amns.2022.2.0090.
Lu, Qiuling, et al. “Innovation of Economic Management Risk Control in Retailer Supply Chain Based on Differential Equation Model.” Applied Mathematics and Nonlinear Sciences, vol. 7, no. 2, 2022, pp. 1057–1066. https://doi.org/10.2478/amns.2022.2.0090.
Lu, Qiuling, Ahmed Kh. Muttar, and Nasser El-Kanj. “Innovation of Economic Management Risk Control in Retailer Supply Chain Based on Differential Equation Model.” Applied Mathematics and Nonlinear Sciences 7, no. 2 (2022): 1057–1066. https://doi.org/10.2478/amns.2022.2.0090.
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- DOI: 10.2478/amns.2022.2.0090
- Type: article
- Source: Applied Mathematics and Nonlinear Sciences
- Published: 2022-07-15
- OpenAlex ID: W4294527326
Published by: Engineering Journals


