High tech supply chain simulation based on dynamical systems model

X. Yuan, J. Ashayeri

Research output: Contribution to journalArticleScientificpeer-review

Abstract

During the last 45 years, system dynamics as a continuous type of simulation has been used for simulating various problems, ranging from economic to engineering and managerial when limited (historical) information is available. Control theory is another alternative for continuous simulation that also includes the modelling of differential equations, but mostly employed in engineering. Based on the system dynamics simulation model of Sterman’s high-tech growth firms, this paper studies the application of control theory simulation in design of a high-tech supply chain system and compares the results with those of system dynamics-based simulation. It is shown how easily supply chain processes can be translated into a control theory model using the differential equation approach in the place of Laplace transform. In addition, some improvements are also made on Sterman’s model.
Original languageEnglish
Pages (from-to)100-109
JournalInternational Journal of Modelling, Identification and Control
Volume18
Issue number2
Publication statusPublished - 2013

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Control theory
Supply Chain
Supply chains
Dynamical systems
Dynamical system
Control Theory
System Dynamics
Differential equations
Simulation
Laplace transforms
Differential equation
Engineering
System Simulation
Dynamic Simulation
Model
Laplace transform
Dynamic Model
Economics
Simulation Model
Computer simulation

Cite this

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High tech supply chain simulation based on dynamical systems model. / Yuan, X.; Ashayeri, J.

In: International Journal of Modelling, Identification and Control, Vol. 18, No. 2, 2013, p. 100-109.

Research output: Contribution to journalArticleScientificpeer-review

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