page_78 - <previouspage page_78 nextpage> Page 78...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
< previous page page_78 next page > Page 78 either deemed to be objective and specific (manufacturing time as a response to demand) to an organisation, or subjective and judgemental according to the company's or manager's policies (the desired amount of stock to be held). For the reader to appreciate the power of such an enquiry method, access to a computer will be needed at some stage (for most situations either the use of a Personal Computer to run equation DYNAMO or an Apple Macintosh to run the icon based STELLAwhich has been used in this example). We have briefly explained how a simple computer simulation model can be constructed to enable managers to "play around" with the variables which can be directly influenced. 4.7 Critique of SD
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
There are plenty of criticisms of system dynamics which have appeared in the literature since Forrester's first efforts at formulating the approach in the late 1950s and early 1960s.
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/21/2011 for the course MGT 03 taught by Professor Kasra during the Spring '11 term at Tanta University.

Page1 / 3

page_78 - &lt;previouspage page_78 nextpage&gt; Page 78...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online