Abstract
In recent times there has been a lot of interest on system dynamics
modelling, a concept first introduced by MIT professor J. W. Forrester in the
1950s. The increase of computing power and advance of computers has enabled
the analysis and simulation of many large scale systems. There are several
commercial tools with easy-to-use graphical user interfaces available in the
field of system dynamics. These commercial tools are briefly discussed in this
paper. In addition to describing the tools, this paper gives a short
introduction to system dynamics models and their capabilities with simple
examples.
| Original language | English |
|---|---|
| Pages (from-to) | 27-31 |
| Journal | Simulation News Europe |
| Volume | 17 |
| Issue number | 1 |
| Publication status | Published - 2007 |
| MoE publication type | B1 Article in a scientific magazine |
Keywords
- system dynamics
- system thinking, strategy
- nonlinear
- simulation