Massachusetts Institute of Technology Press, 1961 - Industrial management - 464 pages
Management and management science; The managerial viewpoint; Industrial dynamics; An industrial system; The managerial use of industrial dynamics; Dynamic models of industrial and economic activity; Models; Principles for formulating dynamic system models; Structure of a dynamic system model; System of equations; Symbols for flow diagrams; Representing delays; Policies and decisions; Agregation of variables; Exogenous variables; Judging model validity; Examples of dynamic system models; Model of the production - distribution system of chapter 2; Advertising in the system model of chapter 2; A customer - producer - employment case study; Dynamic characterizatics of a customer-producer-employment system; Future of industrial dynamics; Broader applications of dynamic models; Industrial dynamics and management education; Industrial dynamics in business.
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ac ac actual system adjustment advertising amplification amplitude average sales backlog BLTF changes Chapter 15 characteristics component constant curve customer order decision functions delivery delay descriptive knowledge dimensionless discussed distributor disturbance dynamic model economic effect employment equa example exponential delay exponential smoothing Factory units Factory units/week Factory weeks filled from inventory flow rates fluctuation forecast fraction frequency industrial dynamics information-feedback systems initial value interactions inven Inventory at Factory labor managerial mathematical model ment noise nomic nonlinear normal operation ordering rate orders at Factory output parameters peak period pipeline policies production rate purchase random rate equations real system Received at Factory relationships represent response retail sales sales rate Section sector servomechanisms sinusoidal Sloan Fellow SMOF smoothing solution interval specific steady-state step input structure system behavior system dynamics tion tory unfilled orders variables ventory