Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Build a production planning model (or select a system which you want to work) with system dynamics theory which consists of at least 30 variables

Build a production planning model (or select a system which you want to work) with system dynamics theory which consists of at least 30 variables (e.g. your model can include stock, delivery, purchased quantities etc.)

  1. Draw a causal loop diagram of your model. Show the relationships with sign. Number of loops must be at least 5. Example of causal loop diagram is shown below.
  2. Draw stock and flow diagram.
  3. Explain briefly your system dynamics model and discuss your results.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting

Authors: Carl Warren, James M. Reeve, Philip E. Fess

8th Edition

0324025394, 978-0324025392

More Books

Students also viewed these Accounting questions

Question

Where does the person work?

Answered: 1 week ago