The Theory and Practice of System Dynamics
This course introduces you to system dynamics modeling with an emphasis on supply chain management issues. You will learn to visualize supply chains and other systems in terms of the structures and policies that create dynamics and regulate performance.
Objectives
Introduce students to the theory and practice of system dynamics.
To provide a general framework for conceptualizing and understanding dynamics of any system.
To provide specific insight into the dynamics of supply chains and other structures such as epidemics and work-accomplishment.
To improve students’ understanding of the ways in which system performance can be improved.
Topics
To model is human;
System Dynamics: A way to model;
Patterns of behavior;
Patterns and Feedback loops;
ArchetypesStocks and flows;
Supply chains.
