Application and research on the complex dynamics behaviour under price-discount promotion policy in inventory control system

In this paper, we study the inventory control system of the apparel industry supply chain in which the products are fast-fashion and mass-consuming goods. Retailers tend to promote by price-discount policy to regulate overstock situation caused by fluctuated demand, frequent product upgrading, etc. Here, we discuss the impact of fluctuated demand triggered by price-discount promotion policy on the comprehensive inventory control system in which the final inventory and supply line stock are considered and weighted differently according to corresponding practical operation situations. In this model, stock returns are permissible. Then we calculated the Lyapunov stable region of the decision parameters based on the state space model. These conclusions present the managers a big picture to inspect the inventory control system and serve as reliable references to make correct decisions.