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

Author

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  • Tengfei Lei
  • Rita Yi Man Li
  • Haiyan Fu

Abstract

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.

Suggested Citation

  • Tengfei Lei & Rita Yi Man Li & Haiyan Fu, 2021. "Dynamics Analysis and Fractional-Order Approximate Entropy of Nonlinear Inventory Management Systems," Mathematical Problems in Engineering, Hindawi, vol. 2021, pages 1-8, April.
    • Handle: RePEc:hin:jnlmpe:5516703
    DOI: 10.1155/2021/5516703
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    Cited by:

    1. Weiwei Li & Lisheng Weng & Kaixu Zhao & Sidong Zhao & Ping Zhang, 2021. "Research on the Evaluation of Real Estate Inventory Management in China," Land, MDPI, vol. 10(12), pages 1-29, November.

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