Industrial Dynamics2013 Reprint of 1961 First Edition. Full facsimile of the original edition, not reproduced with Optical Recognition Software. This work has been cited as one of the most seminal works of the era. Forrester outlines industrial dynamics as an experimental, quantitative philosophy for designing corporate structure and policies that are compatible with an organization's growth and stability objectives. Forrester believes that management systems possess an orderly and identifiable framework that determines the character of industrial and economic behavior. In this volume, he presents for the first time a methodology for detecting and exhibiting this structure for study. |
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actual system advertising amplification amplitude average sales backlog BLTF cash changes Chapter 15 characteristics CINF component constant curve customer order decision functions delivery delay descriptive knowledge dimensionless discussed distributor disturbance dollars/week DQDF dynamic model economic effect employment equa equipment exponential delay exponential smoothing Factory units Factory units/week Factory warehouse Factory weeks Figure filled from inventory flow rates fluctuation forecast fraction frequency FRFPC incoming orders industrial dynamics initial value interactions Inventory at Factory labor manufacturing orders mathematical model MENPC ment noise nonlinear normal orders at Factory orders filled output parameters peak period pipeline policies production rate purchase random rate equations real system relationships represent 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