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2020 | OriginalPaper | Buchkapitel

System Dynamics and Operations Management

verfasst von : Andreas Größler

Erschienen in: System Dynamics

Verlag: Springer US

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Model

A simplified and idealized (formal or informal) representation of a real or hypothetical system

Operations management

The subfield of business administration that deals with the efficient management of operations, i.e., an organization’s value creation processes

Operations strategy

The subfield of business administration that deals with the effective reconciliation of operations’ capabilities and external (e.g., of customers and competitors) requirements

Scenario

Potential future development of a system, often derived from running computer simulations

Simulation

Producing the behavior-over-time of a system, often based on a formal model and with the help of a computer

System dynamics

Method for developing formal models and running computer simulations for changing systems, mostly in the socio-economic domain

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Titel: System Dynamics and Operations Management
verfasst von: Andreas Größler
Verlag: Springer US
Buch: System Dynamics
Print ISBN: 978-1-4939-8789-4

Electronic ISBN: 978-1-4939-8790-0

Copyright-Jahr: 2020
DOI: https://doi.org/10.1007/978-1-4939-8790-0_661

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