Search found 2 matches
- Mon Sep 19, 2005 11:45 am
- Forum: SD Mailing List Archive
- Topic: All models are wrong (was Strategy magazine article about Ja
- Replies: 16
- Views: 16692
All models are wrong (was Strategy magazine article about Ja
Posted by Mabel Fong <may_belle_66@yahoo.com> Perhaps some further illumination on this topic might follow from the question “What would constitute a CORRECT model?” Obviously the only completely correct model of a system would be the system itself; and this singular ‘model’ can be problematic insof...
- Mon Sep 19, 2005 11:40 am
- Forum: SD Mailing List Archive
- Topic: Order of a system
- Replies: 6
- Views: 7765
Order of a system
Posted by Mabel Fong <may_belle_66@yahoo.com> I play with an economic model that controls the stock of every commodity as it exists in the inventory of every sector. This organization of state variables can be visualized in terms of the familiar Input/Output table. So, by Professor Sterman’s example...