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Business Dynamics: Systems Thinking and Modeling for a Complex World with CD-ROM with CDROM

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Business Dynamics: Systems Thinking and Modeling for a Complex World with CD-ROM with CDROM Cover

ISBN13: 9780072389159
ISBN10: 007238915x
Condition:
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Synopses & Reviews

Publisher Comments:

The leading authority on system dynamics explains this approach to organizational problem solving, emphasizing simulation models to understand issues such as fluctuating sales, market growth and stagnation, the reliability of forecasts and the rationality of business decision-making. The CD includes modeling software from Vensim, ithink, and PowerSim.

Synopsis:

The leading authority on system dynamics explains this approach to organizational problem solving, emphasizing simulation models to understand issues such as fluctuating sales, market growth and stagnation, the reliability of forecasts and the rationality of business decision-making. The CD includes modeling software from Vensim, ithink, and PowerSim.

About the Author

John Sterman (Lexington, MA) teaches at the Sloan School of Management and direct MIT's System Dynamics Group.

Table of Contents

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

What Our Readers Are Saying

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Average customer rating based on 1 comment:

mishra_a_r, October 15, 2009 (view all comments by mishra_a_r)
It seems to be an excellent book on modelling business decisions. I have just seen the table of content. I am eager to see the whole book with CD ROM.I am a Professor of Business Management.
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Product Details

ISBN:
9780072389159
Author:
Sterman, John D.
Publisher:
Irwin/McGraw-Hill
Author:
Sterman, John
Subject:
Management
Subject:
Engineering - General
Subject:
Management Science
Subject:
Operations Research
Subject:
Management - General
Subject:
General Business & Economics
Subject:
Modeling,Supply Chains,Business Dynamics,Positive Feedback,Path Dependence,CD-ROM Business Dynamics,Systems Thinking,Cycles,Modeling Expectation Formation,Rationality,Forming Non-linear Relationships,Forming Non-linear
Subject:
Business management
Copyright:
Edition Number:
1
Publication Date:
February 2000
Binding:
Hardcover
Grade Level:
College/higher education:
Language:
English
Illustrations:
Y
Pages:
982
Dimensions:
10.14x8.22x1.67 in. 4.46 lbs.

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Business Dynamics: Systems Thinking and Modeling for a Complex World with CD-ROM with CDROM New Hardcover
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$281.50 In Stock
Product details 982 pages Irwin/McGraw-Hill - English 9780072389159 Reviews:
"Synopsis" by , The leading authority on system dynamics explains this approach to organizational problem solving, emphasizing simulation models to understand issues such as fluctuating sales, market growth and stagnation, the reliability of forecasts and the rationality of business decision-making. The CD includes modeling software from Vensim, ithink, and PowerSim.
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