[request_ebook] Industrial Dynamics
Author: Jay Forrester
Date: 1991
ISBN: ISBN-10: 1883823366
Pages: 479
Language: English
Publisher: Pegasus Communications
Category: Technical
Tag: Science/Engineering
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Description
This is the classic book to simulation topics written in the sixties by Jay Forrester.
The experimental model approach to the de
sign of large systems, and the availability of
the digital computer for simulation studies of
systems that are too complex for analytical
solution.
The application to business-management
problems of concepts borrowed from informa
tion-feedback theory suggests how an indus
try's fluctuation and growth are determined
by the system's structure, its "amplification" in
managerial policies, and its built-in time-delays.
The digital computer, by reducing computa
tion costs 10,000-fold, has created an entirely
different practical environment than existed
less than a decade ago. Mathematical models
of business dynamics can now interrelate hun
dreds of variable with no restriction on non-
linear phenomena. Models if such scope will
enable managers to design much more effec
tive policies. Tomorrow's top-level managers
will devote less than time to repetitive operating de
cisions and more to shaping the policy basis
that should guide such decisions.
A product of the first five-year phase of a
research program at the M.I.T. Schools of In
dustrial Management, this book is intended
both as a classroom text and as a practical
guide for managers.
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