Optimal Risk Control of Complex Supply Chain Networks under Public Emergencies

Authors

  • Yafei Yi

DOI:

https://doi.org/10.54097/7r1th320

Keywords:

Public Emergencies, Supply Chain Risk, Infectious Disease Model, Optimal Control

Abstract

Public emergency is an event that occurs suddenly, has a wide range of influence, and brings great impact to the society. It has the characteristics of suddenness, publicity, urgency and uncertainty. Frequent public emergencies pose a great threat to supply chain security, causing serious economic losses and social impacts. In order to improve the ability of supply chain network to cope with public emergencies, it is of great significance to study the law of supply chain risk transmission and risk control measures. Through the review of the relevant theories of supply chain sudden risk and infectious disease model, the existing problems and research prospects are pointed out. Then, based on the SEIR model, a complex supply chain network risk control model under government intervention is constructed to explore the transmission mechanism of supply chain risk and the optimal control rate of the government. Finally, the simulation verifies that by controlling the basic reproduction number, the government can effectively curb the further spread and diffusion of risks, and achieve the goal of controlling risks and balancing cost control.

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Published

21-01-2025

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Section

Articles

How to Cite

Yi, Y. (2025). Optimal Risk Control of Complex Supply Chain Networks under Public Emergencies. Frontiers in Business, Economics and Management, 18(1), 113-117. https://doi.org/10.54097/7r1th320