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Supply Chain Elastic Strain

Author

Listed:
  • Zihui Yang

    (School of Management, Shandong University, Ji’nan 250100, China
    School of Economic and Management, Changsha Normal University, Changsha 410100, China)

  • Qingchun Meng

    (School of Management, Shandong University, Ji’nan 250100, China)

  • Zheng Fang

    (School of Management, Shandong University, Ji’nan 250100, China)

  • Xiaona Zhang

    (School of Economic and Management, Changsha Industry University, Changsha 410017, China)

Abstract

The introduction of the concepts of shear elastic strain ( ε − ) and tensile elastic strain ( ε + ) is a catalyst for new horizons of research into supply chain elasticity. Functional formulas encompassing the metrics of ε − and ε + , their critical point, maximum strain value, and similar parameters are established through rigorous mathematical derivations. The supply chain elasticity of agricultural commodities, including grains, apples, and wheat, are assessed by utilizing the derived formulas. The results show that the metrics of supply chain elastic strain serve as direct metrics of measuring the supply chain’s anti-interference capability, and they also facilitate an objective assessment of the supply chain’s safety and stability. The formula is succinctly derived, and it yields objective outcomes with general applicability, particularly suited for research and application for supply chain elasticity.

Suggested Citation

  • Zihui Yang & Qingchun Meng & Zheng Fang & Xiaona Zhang, 2024. "Supply Chain Elastic Strain," Mathematics, MDPI, vol. 12(12), pages 1-15, June.
    • Handle: RePEc:gam:jmathe:v:12:y:2024:i:12:p:1788-:d:1411086
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    References listed on IDEAS

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