Supply Chain Elastic Strain

Abstract

The introduction of the concepts of shear elastic strain (ε−) and tensile elastic strain (ε+) is a catalyst for new horizons of research into supply chain elasticity. Functional formulas encompassing the metrics of ε− and ε+, their critical point, maximum strain value, and similar parameters are established through rigorous mathematical derivations. The supply chain elasticity of agricultural commodities, including grains, apples, and wheat, are assessed by utilizing the derived formulas. The results show that the metrics of supply chain elastic strain serve as direct metrics of measuring the supply chain’s anti-interference capability, and they also facilitate an objective assessment of the supply chain’s safety and stability. The formula is succinctly derived, and it yields objective outcomes with general applicability, particularly suited for research and application for supply chain elasticity.