Managerial Applications of System Dynamics (MIT Press/Wright-Allen series in system dynamics)

Verlag: The MIT Press, 1978
ISBN 10: 026218088X / ISBN 13: 9780262180887
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Useful as both a text and a working resource, this volume contains 36 chapters (and 4 appendixes) illustrating the application of system dynamics to overall strategic planning and managerial problem-solving in the corporate functional areas of manufacturing, marketing and distribution, research and development, and finance and control. In addition, a final section treats the systems analysis of societal problems that impinge on a manager's social responsibilities.

Many of the chapters provide full descriptions of the modeling processes and implemented results, and in nine cases the computer models are completely documented with listings of the model equations. This book is the first attempt to compile real managerial uses of the system dynamics approach, and the first volume since Forrester's Industrial Dynamics (MIT Press, 1961) to focus upon corporate system dynamics models. In draft form the book has been used as the basis for teaching system dynamics in the Sloan School's regular graduate programs and its middle-management executive development programs.

In his introductory chapter on the concepts, philosophy, and methodology of system dynamics, the editor clearly identifies the underlying premises:

"The system dynamics philosophy rests on a belief that the behavior (or time history) of an organization is principally caused by the organization's structure. The structure includes not only the physical aspects of plant and production process but, more importantly, the policies and traditions, both tangible and intangible, that dominate decision-making in the organization. Such a structural framework contains sources of amplification, time lags, and information feedback similar to those found in complex engineering systems. Engineering and management systems containing these characteristics display complicated response patterns to relatively simple system or input changes.... The subtleties and complexities in the management area make these problems even more severe. Here the structural orientation of system dynamics provides a beginning for replacing confusion with order.

A second aspect of the system dynamics philosophy is the concept that organizations are viewed most effectively in terms of their common underlying flows instead of in terms of separate functions.... A meaningful system framework results from tracing cause-and-effect chains through the relevant flow paths."

The book is included in the MIT Press/Wright-Allen Series in System Dynamics, of which Jay W. Forrester is general editor. System dynamics as a methodology was largely devised by Forrester, Roberts, and other MIT faculty and staff. It employs computers to predict short- and long-term consequences of social, economic, and corporate policies, and has been used variously to chart the growth of new products in business, to study environmental change, and to examine the impact of public policies at scales ranging from the urban to the global. Professor Roberts' four prior books on system dynamics cover a similar range of theory and application of systems and computer modeling concepts.

Review: "The immense value of this book is the void it fills—it is the first major work to appear, dealing with managerial applications of systems dynamics, since Forrester's original publication of Industrial Dynamics. It is relatively self-contained, well edited, and provocative. Whether your flair is management, management science, management cybernetics, modeling, planning, or forecasting, you will find a collection of articles in this volume that will certainly whet your appetite. This book merits a place in your library; its appearance should enable graduate schools of business to effectively integrate systems dynamics into their curricula."
Technological Forecasting and Social Change

"The [36] contributions are grouped under six themes: basic concepts, manufacturing, marketing and distribution, research and development, management control and financial applications, and societal problems.... The collection is an excellent instructional and reference book. It was used in draft form for teaching system dynamics at MIT in graduate and middle management executive development programs."
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Titel: Managerial Applications of System Dynamics (...
Verlag: The MIT Press
Erscheinungsdatum: 1978
Zustand: very good

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Edward B. Roberts (Ed.)
Verlag: The MIT Press (1978)
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Buchbeschreibung The MIT Press, 1978. Buchzustand: Fair. Former Library book. Shows definite wear, and perhaps considerable marking on inside. Buchnummer des Verkäufers GRP2773638

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Buchbeschreibung The MIT Press, 1978. Hardcover. Buchzustand: Used: Acceptable. Buchnummer des Verkäufers SONG026218088X

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Buchbeschreibung The MIT Press, 1978. Hardcover. Buchzustand: UsedGood. Hardcover; surplus library copy with the usual stampings; reference number taped to spine; fading and edge wear to exterior; synopsis of book taped inside front board; otherwise in good condition with clean text, firm binding. Buchnummer des Verkäufers 71526

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Buchbeschreibung MIT Press, 1978. Buchzustand: Good. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. In good all round condition. No dust jacket. , 1800grams, ISBN:026218088X. Buchnummer des Verkäufers 6759435

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Buchbeschreibung The MIT Press, 1978. Hardcover. Buchzustand: New. Buchnummer des Verkäufers P11026218088X

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