THE USE OF A RUNGE-KUTTA SCHEME FOR AN ODE-PDE MODEL OF SUPPLY CHAINS

Abstract

Integrating various suppliers to satisfy market demand is of great importance for e ective supply chain management. In this paper, we consider the ODE-PDE model of supply chain and apply a classical explicit fourth-order Runge-Kutta scheme for the related ODE model of suppliers. Also, the convergence of the proposed method is proved. Finally a numerical example is studied to demonstrate the accuracy of the proposed method with different choices of time and space meshes.