Description
System dynamics is an approach to the study of complexity. Originally developed at the Massachusetts Institute of Technology by Jay Forrester, system dynamics is a unique method devised to help managers and public policymakers design and implement high leverage policies for sustainable success.
In a comprehensive new treatment, John Sterman, a leading authority on system dynamics, explains what system dynamics is and how it can be successfully applied to solve business and organiza- tional problems. Business Dynamics includes principles for modeling complex dynamic systems, simulation models, experiential exercises, and case studies of successful applications. The CD-ROM included with the book and the dedicated book website contain the models developed in the text, along with all the software needed to run, test, and extend them, thereby helping to increase student participation in the learning process.
ISBN:9780072389159