System Dynamics Simulator of Inventory Management as a Learning Tool to Improve Undergraduate’s Decision Making
The use of system dynamics based interactive learning environment is well recognized as an effective way of enhancing user’s decision making and improving learning in complex systems. However, using SD-based interactive learning tools or simulators in universities undergraduate courses are rarely been used, or evaluated in providing the required knowledge on inventory management process. This paper describes the construction of inventory simulator based on system dynamics model to enable university business student to explore the effect of their decisions, simulate and examine different scenarios in managing the inventory. System Dynamics has its origins in control engineering and management; the approach uses a perspective based on information feedback and delays to understand the dynamic behavior of complex physical, biological, and social systems.
KeywordsSystem dynamics Simulators: interactive learning tool Decision support systems
- 1.Enos J (2010) Learning with loops: applying feedback to teaching system dynamics to undergraduates. In: Proceedings of the 28th international conference of the system dynamics society, Boston, July 2010Google Scholar
- 2.Forrester JW (1961) Industrial dynamics. MIT press, Cambridge, MAGoogle Scholar
- 9.Richardson GP (1991) Feedback thought in social sciences and system theory. PA: University of Pennsylvania press. PhiladelphiaGoogle Scholar
- 10.Schaffernicht M (2010) Learning from rediscovering system dynamics models. Syst d’information et Manage 14(4):87–106Google Scholar