A brief visit to the system's zoo - One-stock systems
5 important questions on A brief visit to the system's zoo - One-stock systems
Dynamic systems studies usually are not designed to predict what will happen. Rather what would happen. They're about the future. Which of the three questions gives deeper insights in this topic?
System dynamics is about exploring possible futures and ask 'what if' scenario's. Which of the three questions gives deeper insights in this topic?
Delays are pervasive in systems and strong determinants of behavior. Why are there delays within a system?
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What are the three types of delays we know? Explain and give an example.
2. Response delay; part of the adjustment will be put through to make sure the trend is real. E.g. You adjust your order, depending on sales.
3. Delivery delay; the time the supplier needs to process the product and deliver it.
When do delays mostly lead to oscillations?
The question on the page originate from the summary of the following study material:
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- Never study anything twice again
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- 100% sure, 100% understanding
