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System Dynamics
System Dynamics

Tags: System Dynamics, Theory and Case Studies, Business and Economics, Other Management Areas, B.J. Ranganath, Lewlyn L.R. Rodrigues

System Dynamics

"If you are a student of Engineering (any branch), B.Sc./M.Sc, or Business Management (BBM/BBA/MBA) then this book is for you. It will expose you to a subject evolved at Massacheusettes Institutes of Technology, Boston, initiated by the inventor of ‘random-access magnetic core memory’ - Germeshausen Professor Jay W. Forrester. The book demonstrates how to apply System Dynamics into different problem situations. Each case study is a project work undertaken at the graduate or post graduate level and beyond. Variety of problems from Insurance Sector to Engineering Competence Pool Development and Supply Chain to Product Innovation have been tackled to demonstrate the power of System Dynamics. Further, if the subject fascinates you, you may turn out to be a professional modeller, or even carry out research work in this area at the doctoral level. The purpose of the book is not to teach you the software of System Dynamics simulation such as Vensim®, iThink™, STELLA™, MATLAB® Simulink etc., but pass you through the stages of System Dynamics model building and simulation. Once the reader gets tuned to this philosophy of System Dynamics, sky is not the limit, as you can simulate the whole cosmos, provided, you know what are the control paramters! So go ahead and enter into the world of System Dynamics."
"• System Dynamics: Introduction
• Building System Dynamics Model
• Human Resource Planning Exercise
• Project Management in New Product Development: The NPD Model
• National Engineering Competence Pool Development and Deployment
• Insurance Sector Dynamics
• Manufacturing Supply Chain Dynamics
• Innovation Dynamics in Manufacturing
• Validation of System Dynamics Model
APPENDICES
 REFERENCES"
"• Rooted in the field of engineering/technology management, the book gives a systematic approach to the development of a system dynamics model.
• Important equations are provided in the appendices, namely, for simulation, insurance sector dynamics, manufacturing supply chain, and innovation dynamics in manufacturing.
• Profusely illustrated with line diagrams.
• Each chapter provides learning objects at the beginning, and ends with summary and exercises.
• Gives appropriate coverage of software of system dynamics simulation such as Vensim, STELLA, MATLAB, Simulink etc. "
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