Book Description
The leading authority on system dynamics explains this approach to organizational problem solving, emphasizing simulation models to understand issues such as fluctuating sales, market growth and stagnation, the reliability of forecasts and the rationality of business decision-making. The CD includes modeling software from Vensim, ithink, and PowerSim.
Customer Reviews:
One of the best SD books with connection to practical work.......2007-10-06
"Business Dynamics" is a great book leading the newcomer -as myself- into the field of SD and the experienced system dynamicist can use it as a knowledge pool.
Even though the book is rather expensinve -and heavy alike- it covers great wisdom of John Sterman (he is by the way a scholar of the founder of the field, Jay W. Forrester) and is more than worthwhile buying if you are strongly interested in the field.
I was lucky to meet John and Jay this summer during a specific SD workshop at MIT and the yearly System Dynamics Society Conference and could chat with both of them (they are both very practicably using SD with a strong academic background). Learning and getting more experienced in System Dynamics and the use for daily problem solving is a dynamic and evolving process of wisdom with lots of feedback ("Business Dynamics" can help a lot in getting deeper insights.
Best regards
Ralf
Excellent.......2007-08-29
Excellent guide to systems thinking, clear examples, clear thinking and very interesting conclusions reached. highly recommended
buen libro.......2007-02-22
como parte de la materia lo llevo, me salio mas barato que en mexico y me es util para mi carrera
Amazing.......2007-01-12
The definitive book on Business dynamics !
It may look dificult to follow, but it isn`t really easy to read and follow !
The cd brings good examples.
Edward Garrity, Professor of Information Systems.......2007-01-04
Sterman's book is far and away the best and most comprehensive book on system dynamics for business. Although the title is "Business Dynamics" it really is a text on applying system dynamics to both business and larger social issues/systems.
If you are a strong student of business and systems then this is the book for you. It is highly recommended if you are interested in learning the most you possibly can regarding system dynamics and how to model systems. However, if you are searching for an introduction to this area - watch out. The book is actually quite advanced - it is used at MIT and other graduate business programs at top universities.
What is amazing about this book is that it blends absolute precision, correctness and detail with practical modeling advice and insight and it is written in a relaxed style with numerous examples. It is one of the best examples of clear writing about a complex topic. Dr. Sterman's years of system work has allowed him a level of clarity that is unsurpassed in the business and systems area.
As mentioned earlier, the book can be overwhelming and I would recommend a newcomer to this area to pick up several books first, to provide a more gentle introduction. This is not a contradiction of what I wrote earlier, it is simply that the book packs so much information in its pages, and it is still very long.
Highly recommended.
Average customer rating:
- Great Book for Anyone
- Great interdisciplinary book on environmental modeling
- Modeling the Environment
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Modeling the Environment: An Introduction To System Dynamics Modeling Of Environmental Systems
Andrew Ford
Manufacturer: Island Press
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Similar Items:
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Dynamic Modeling of Environmental Systems (Modeling Dynamic Systems)
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Understanding Capitalism: Competition, Command, and Change
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Believing Cassandra: An Optimist Looks at a Pessimist's World
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Capitalism 3.0: A Guide to Reclaiming the Commons (Bk Currents)
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Dynamic Modeling (Modeling Dynamic Systems)
ASIN: 1559636017 |
Book Description
Modeling the Environment is the first introductory textbook for a technique of rapidly growing importance. It requires little or no mathematical background, and is appropriate for undergraduate environmental students as well as professionals new to modelling. Developed from the author's own introductory course, it is classroom-tested and represents an important contribution to the field of system dynamics.
Modeling techniques that allow managers and researchers to see in advance the consequences of actions and policies are becoming increasingly important to environmental management. The models produced are vital analytical tools that aid the policy-setting and implementation process, and help us to understand how environmental systems respond to management interventions.
Modeling the Environment is a basic introduction to one of the most widely known and used modeling techniques, system dynamics. The book is designed to build the skills of students as they progress from learning fundamental ideas to constructing models of increasing complexity. Written in a clear and comprehensible style, the book:
- presents basic concepts of modeling using system dynamics
- illustrates the mechanics of model construction through a range of working models
- offers a rich array of exercises for students to use in applying the principles and techniques described in the text
- walks students through the design and application of models of specific types of environmental systems
.
In addition, the book contains more than 300 figures and model illustrations, and provides a guide to an interactive website where students can use the text to "navigate" management flight simulators ? models of both real and hypothetical systems developed by the author. The book also contains appendixes that help students review the necessary math, and which provide additional concepts and exercises for further study.
Customer Reviews:
Great Book for Anyone.......2006-12-12
This is a great book for anyone who wants to gain a thorough understanding of Stella software. The book is easy to read, and the examples and case studies are well chosen.
Great interdisciplinary book on environmental modeling.......2000-05-24
A highly readable introduction to environmental modeling. What distinguishes the book from other environmental science and environmental modeling works is its interdisciplinary treatment. In particular, the models integrate the physical world and the world of human behavior. Far too many environmental models fail to close the feedbacks between human behavior and the state of the environment, instead taking waste inputs or resource use as exogenous. This book helps students learn to model human behavior (social and economic) as an integral part of the ecological system. The models and software mean the book encourages active learning, and enable students to explore important issues on their own if they choose.
Modeling the Environment.......2000-04-24
This book is easy to read and contains clear examples of how to use stella software to model the environment. The marvel here is the software, not the book. For the software timid, it might suppliment the software users guide.
Book Description
Dynamic Modeling for Business Management
applies dynamic modeling to business management, using accessible modeling techniques that are demonstrated starting with fundamental processes and advancing to more complex business models. Discussions of modeling emphasize its practical use for decision making and implementing change for measurable results. Readers will learn about both manufacturing and service-oriented business processes using hands-on lessons. They will then be able to manipulate additional models to try out their knowledge and address issues specific to their own businesses and interests. All of the models used in the book along with demo versions of ithink® and Berkeley Madonna™ software are included with the book on a CD-ROM. Some of the topics covered include workflow management, supply-chain management, and business strategy.
Customer Reviews:
Good book but poor choice of modeling software........2007-04-04
Interesting approach to modeling but it's all dependent on ithink, which is an absolutely old software program with a user interface from the Win 3.1 era. You'll be banging your head against the wall at the archaic nature of the program. Would've been a great program ten+ years ago but today I can't imagine anyone seriously wanting to learn this software. And in all honesty, the financial modeling section is hokey, as the manipulations are much easier done with excel.
Great Book on Business Systems and Simulation.......2005-07-20
Dynamic Modeling for Business Management is an excellent reference book for business and industrial engineer students and practitioners. The book provides explanations and examples for adding dynamics to some of the basic business systems and processes. The mathematical models introduced in operations research and management science courses have very restrictive assumptions. Simulation allows exploring more realistic models and enables the reader the appreciation the value of adding more realism of systems by having the capability of more realistic properties and feedback mechanisms. An example is waiting lines. In most real situations, the service rate is affected by the current length of the waiting line. Queuing models ignore this. Using simulation, you can model the results of these interdependencies.
The authors include Little's Law and serial workflow processes along with material flows, supply chains, repair systems, batching and tradeoffs among quality, speed and costs. This is the dynamic example of the old adage: "You can have it good, fast, cheap; pick two."
This book serves as an introduction to the simulation language ithink by iseesystems, formally High Performance Systems. The advantage of using this continuous language is in its simplicity, which also makes it both easy to learn and very adaptable. Good for readers that are not familiar with the language. This book is part of the Springer series on Modeling Dynamic Systems.
Excellent text for applies dynamic modeling.......2005-07-18
This is an excellent textbook for an upper-level undergraduate or graduate course in business simulation modeling. It might also be useful in an engineering course on simulation modeling, especially in more applied areas like industrial engineering.
I find the book more accessible, if not as complete, than Sterman's text. By adopting a "hand's on" approach and using the i-Think modeling software, I believe students will also find the concepts more accessible. For users of i-Think, this text has some excellent examples of how the software can be used to model specific manufacturing and supply chain business problems. Even if you aren't an i-Think user (it isn't my first choice) you will still find a lot of practical modeling advice. The math is solid, and there is an interesting twist on Little's Law. For those new to stochastic modeling, the section on modeling random variation is priceless. It takes the reader through the most useful modeling distributions and is a wonderful blend of mathematics and applied modeling.
My only negative comments relate to the meager section on Economic Value Added (which should have been more fully developed and moved into the main body of the text--in my opinion), and the selection of software (no offense to the i-Think users, but I think there are better tools for general business simulation modeling. Though maybe not for dynamic modeling--so I temper my criticism.)
In short, this is an excellent entry point for the reader who wants a solid introduction to dynamic systems and their specific application to business.
Good Book and Can Easily Be Put into Practice..........2004-05-25
I read this after Sterman's 'Business Dynamics'. While 'Business Dynamics' is a graduate level text book, this book is more aligned to the requirements of practitioners like consultants and managers. MDS have a series of books on use of dynamic modeling, each focusing on a specific area like biological systems, economics, health sciences, environmental systems etc.
Customer Reviews:
A POWERFUL DYNAMIC SYSYTEM SIMULATION TOOL.......2000-04-23
"The only thing constant in this universe and our lives is change", as explained in an ancient Hindu Scriptures.
How do we determine the impact of constantly changing parameters around us, and what measures can we take to prepare for those changes?
Can we manipulate the variables to have a desired outcome?
Can we prepare for the dire consequences if the variables are beyond our power of manipulations?
Can we allocate our resources appropriately if we know the consequences of inactions?..........
And many more questions can be answered by the technique of dynamic system simulation. The book has ample of examples, is very well written, and is easy to follow.
One's imagination is the only limiting factor in applying the techniques of Dynamo. It could be applied to study farming, ecological balance, impact of wrath or blessings of mother nature such as drought or rain, population shifts, and much more.
For a serious student of simulation technique, I strongly recommend this book.
Book Description
This book explores the dynamic processes in economic systems, concentrating on the extraction and use of the natural resources required to meet economic needs. Sections cover methods for dynamic modeling in economics, microeconomic models of firms, modeling optimal use of both nonrenewable and renewable resources, and chaos in economic models. This book does not require a substantial background in mathematics or computer science. STELLA II and MADONNA run-tim software and computer files of sample models accompany the book on a CD-ROM. The software is compatible with both Macintosh- and Windows-based systems.
Customer Reviews:
Heavy Hitters of Systems Dynamics.......2000-04-01
"Modeling for Learning Organizations" builds off of the extensive experience of top professors and consultants using the SD tools to test strategies and build an understanding of firm and industry dynamics.
"Modeling" also includes a section overviewing the various simulation software packages available to modelers. Though developers like High-Performance Systems, Vensim, Pugh-Roberts, and PowerSim have made product enhancements to date, the sections from each company provide a great introduction to what is out there how each package can be applied.
The most valuable aspect of the book is probably in the case studies and methodological explorations of several authors. A number of key insights are offered as authors reflect upon the successes and shortcoming of the methods each chose to use to explore and develop models in a variety of business and public environments.
This is definitely a must have for any SD library.
Average customer rating:
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DLP and Extensions: An Optimization Model and Decision Support System
John L. Nazareth
Manufacturer: Springer
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ASIN: 3540411143 |
Book Description
DLP denotes a dynamic-linear modeling and optimization approach to computational decision support for resource planning problems that arise, typically, within the natural resource sciences and the disciplines of operations research and operational engineering. It integrates techniques of dynamic programming (DP) and linear programming (LP) and can be realized in an immediate, practical and usable way. Simultaneously DLP connotes a broad and very general modeling/ algorithmic concept that has numerous areas of application and possibilities for extension. Two motivating examples provide a linking thread through the main chapters, and an appendix provides a demonstration program, executable on a PC, for hands-on experience with the DLP approach.
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The Dynamics of Complex Urban Systems: An Interdisciplinary Approach
Manufacturer: Physica-Verlag Heidelberg
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ASIN: 3790819360 |
Book Description
The present book outlines a conceptual framework for modelling and forecasting the dynamics of both growth-limited cities and megacities bringing together experts from several disciplines. The interdisciplinary point of view is particularly stressed. The contributions presented reflect the various interdependencies between structural (physics and mathematics models) and social development (spatial decision making and urban planning models). The volume emphasizes not only the contributions from different disciplines but also pays attention to specific problems like model calibration, data availability and management, case studies and interactions with urban planners. It is the collection of all the contributions of the speakers at the international workshop "The Dynamics of Complex Urban Systems: an interdisciplinary approach" held at Monte Verità (Ascona/Switzerland) from 4th to 6th of November 2004.
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- Change the World : How Ordinary People Can Achieve Extraordinary Results
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- Complex Adaptive Systems: An Introduction to Computational Models of Social Life (Princeton Studies in Complexity)
- Computational Physics (2nd Edition)
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