System dynamics (SD) is a way of using computer simulation
to explore the behaviour of systems over time. It focuses
on problem solving by way of redesigning systems and policies.
SD was developed by Jay Forrester at MIT in the 1960s, and
since then it has been used to study a wide range of business
systems. Supply chains were amongst the first systems to be
modelled with SD – in fact most of Industrial Dynamics,
the book that launched SD, is based on modelling a production
and distribution system.
More...
If you are not registered with the site, please register now to read the rest of this page.
If you are registered, please sign in to read the rest of this page.
