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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Prof John Sharpe
This is an excellent book and quite relevent to today.Modern understanding of complex systems can be applied to this very significant base for the dynamic understanding of Industrial and Economic Systems