A Study on Stability of Closed-Loop Supply Chain Based on Markov Chain

There are a large number of uncertain factors when the closed-loop supply chain works. For the internal closed-loop supply chain, as we can see in accordance with the process of forward and reverse are marked Markov and stability of the closed-loop supply chain is evaluated. For the whole course closed-loop supply chain, by calculating the transition probability between the different modes, we can get probability at the limit state, that is the long-term selection probability in each cooperate mode, and we can get the long-term stable cooperation mode in the closed-loop supply chain.