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Business Dynamics: Systems Thinking and Modeling for a Complex World

Paperback Engels 2000 9780072389159
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Samenvatting

Today’s leading authority on the subject of this text is the author, MIT Standish Professor of Management and Director of the System Dynamics Group, John D. Sterman. Sterman’s objective is to explain, in a true textbook format, what system dynamics is, and how it can be successfully applied to solve business and organizational problems.

System dynamics is both a currently utilized approach to organizational problem solving at the professional level, and a field of study in business, engineering, and social and physical sciences.

Specificaties

ISBN13:9780072389159
Taal:Engels
Bindwijze:paperback
Aantal pagina's:768
Druk:1
Verschijningsdatum:1-3-2000
Hoofdrubriek:IT-management / ICT

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Inhoudsopgave

Introduction

Part I.Perspective and Process
1.Learning In and About Complex Systems
2.System Dynamics In Action
3.The Modeling Process
4.Structure and Behavior of Dynamic Systems

Part II.Tools for Systems Thinking
5.Causal Loop Diagrams
6.Stocks and Flows
7.Dynamics of Stocks and Flows
8.Closing the Loop: Dynamics of Simple Structures

Part III.The Dynamics of Growth
9.S-Shaped Growth: Epidemics, Innovation Diffusion, and the Growth of New Products
10. Path Dependence and Positive Feedback

Part IV.Tools for Modeling Dynamic Systems
11. Delays
12. Coflows and Aging Chains
13. Modeling Decision Making
14. Forming Non-linear Relationships

Part V.Instability and Oscillation
15. Modeling Human Behavior: Bounded Rationality or Rational Expectations?
16. Forecasts and Fudge Factors: Modeling Expectation Formation
17. Supply Chains and the Origin of Oscillations
18. Managing Supply Chains in Manufacturing
19. The Labor Supply Chain and the Origin of Business Cycles
20. The Invisible Hand Sometimes Shakes: Commodity Cycles

Part VI. Validation and Model Testing
21. Truth and Beauty Part VII. Commencement
22. Challenges for the Future

Appendix A: Numerical Integration
Appendix B: Noise References Index

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        Business Dynamics: Systems Thinking and Modeling for a Complex World